Tilray Stock Went Down By Over 34% In The Last 21 Sessions

(VIANEWS) – Shares of Tilray (NASDAQ: TLRY) slid by a staggering 34.57% in 21 sessions from $2.43 at 2023-05-11, to $1.59 at 23:27 EST on Sunday, after three successive sessions in a row of losses. NASDAQ is rising 0.16% to $13,259.14, after two sequential sessions in a row of gains.

Tilray’s last close was $1.59, 69.25% under its 52-week high of $5.17.

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 $-3.07.

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 -44.15%.

Volume

Today’s last reported volume for Tilray is 21266569 which is 52.04% above its average volume of 12983600.

Sales Growth

Tilray’s sales growth for the next quarter is 4.7%.

Volatility

Tilray’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.55%, a negative 2.38%, and a positive 3.45%.

Tilray’s highest amplitude of average volatility was 3.92% (last week), 4.20% (last month), and 3.45% (last quarter).

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 94.4% and 61.5%, respectively.

More news about Tilray (TLRY).

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