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Tilray Stock Jump On Thursday, Outperforms Market

(VIANEWS) – The NASDAQ ended the session with Tilray (TLRY) rising 9.96% to $2.60 on Thursday while NASDAQ rose 2.48% to $11,717.28.

Tilray’s last close was $2.36, 74.01% under its 52-week high of $9.08.

About Tilray

Tilray Brands, Inc. engages in the research, cultivation, production, marketing, 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 offers medical and adult-use cannabis products, including GMP-certified flowers, oils, vapes, edibles, and topicals; purchases and resells pharmaceutical and wellness products; and produces, markets, sells, and distributes beverage alcohol products, and hemp-based food and other wellness products. The company offers its products under the Tilray, Aphria, Broken Coast, Symbios, B!NGO, The Batch, P'tite Pof, 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. Tilray Brands, Inc. is headquartered in Leamington, Canada.

Earnings Per Share

As for profitability, Tilray has a trailing twelve months EPS of $-1.639.

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 -11.9%.

Volatility

Tilray’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.78%, a negative 1.55%, and a positive 3.19%.

Tilray’s highest amplitude of average volatility was 2.26% (last week), 2.56% (last month), and 3.19% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth declined by 7.1%, now sitting on 602.54M for the twelve trailing months.

Yearly Top and Bottom Value

Tilray’s stock is valued at $2.60 at 18:06 EST, way under its 52-week high of $9.08 and above its 52-week low of $2.40.

Volume

Today’s last reported volume for Tilray is 25890600 which is 66.7% above its average volume of 15530800.

More news about Tilray (TLRY).

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