Tilray Stock Bullish Momentum With A 18.26% Jump On Wednesday

(VIANEWS) – The NASDAQ ended the session with Tilray (TLRY) rising 18.26% to $2.85 on Wednesday while NASDAQ rose 0.23% to $16,277.46.

Tilray’s last close was $2.41, 29.12% below its 52-week high of $3.40.

About Tilray

Tilray Brands, Inc. engages in the research, cultivation, processing, and distribution of medical cannabis products in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company operates through four segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, and Wellness Business. It also offers medical and adult-use cannabis products; purchases and resells pharmaceutical and wellness products; and produces, markets, sells, and distributes beverage alcohol products, and hemp-based food and other wellness products. In addition, the company offers its products under the Tilray, Aphria, Broken Coast, Symbios, B!NGO, The Batch, Dubon, Good Supply, Solei, Chowie Wowie, Canaca, RIFF, SweetWater, Breckenridge Distillery, Alpine Beer Company, and Green Flash brands. It sells its products to retailers, wholesalers, patients, physicians, hospitals, pharmacies, researchers, and governments, as well as direct to consumers. The company was formerly known as Tilray, Inc. and changed its name to Tilray Brands, Inc. in January 2022. Tilray Brands, Inc. is headquartered in Leamington, Canada.

Earnings Per Share

As for profitability, Tilray has a trailing twelve months EPS of $-2.28.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -36%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 34.4%, now sitting on 700.5M for the twelve trailing months.


Tilray’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.03%, a positive 1.80%, and a positive 3.82%.

Tilray’s highest amplitude of average volatility was 1.03% (last week), 4.08% (last month), and 3.82% (last quarter).


Today’s last reported volume for Tilray is 69931200 which is 168.23% above its average volume of 26071300.

More news about Tilray (TLRY).

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