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Tilray Stock Impressive Rise On Saturday, Outperforms Market

ViaNews Editorial Team

December 23, 2023

Tilray Stock  Impressive Rise On Saturday, Outperforms Market

(VIANEWS) - The NASDAQ ended the session with Tilray rising 12.07% to $2.28 on Saturday, following the last session's upward trend. NASDAQ rose 0.19% to $14,992.97, following the last session's upward trend on what was a somewhat up trend exchanging session today.

Tilray's last close was $2.03, 60.35% below its 52-week high of $5.12.

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 $-2.32.

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 -35.99%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 15.5%, now sitting on 650.86M for the twelve trailing months.

Volume

Today's last reported volume for Tilray is 27695500 which is 79.67% above its average volume of 15414400.

Moving Average

Tilray's worth is way higher than its 50-day moving average of $1.94 and above its 200-day moving average of $2.23.

Volatility

Tilray's last week, last month's, and last quarter's current intraday variation average was a negative 0.91%, a positive 0.66%, and a positive 3.58%.

Tilray's highest amplitude of average volatility was 3.27% (last week), 3.82% (last month), and 3.58% (last quarter).

More news about Tilray (TLRY).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.

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