(VIANEWS) – Shares of Tilray (NASDAQ Composite: TLRY) dropped by a staggering 11.67% to $10.90 at 17:54 EST on Wednesday, after two sequential sessions in a row of losses. NASDAQ Composite is jumping 0.45% to $15,993.71, after two sequential sessions in a row of losses. This seems, at the moment, a somewhat up trend exchanging session today.
Tilray’s last close was $12.34, 81.58% below its 52-week high of $67.00.
Today’s last reported volume for Tilray is 41728305 which is 102% above its average volume of 20657057.
The company’s growth estimates for the present quarter and the next is a negative 250% and a negative 200%, respectively.
Year-on-year quarterly revenue growth grew by 8.5%, now sitting on 513.08M for the twelve trailing months.
Tilray’s Stock Yearly Top and Bottom Value
Tilray’s stock is valued at $10.90 at 17:54 EST, way below its 52-week high of $67.00 and way above its 52-week low of $6.66.
Tilray’s Moving Average
Tilray’s worth is under its 50-day moving average of $11.02 and way under its 200-day moving average of $14.30.
Previous days news about Tilray (TLRY)
- The 'new' tilray: highlights from first annual shareholders meeting. According to Benzinga on Tuesday, 23 November, "Six months following the big merger, Tilray is still the largest licensed producer within the Canadian cannabis market, worth CAD$4.62 billion ($3.65 billion), the company said.", "In the E.U., Tilray expects to generate $1 billion in revenue by the end of fiscal 2024 with a mix of organic growth and acquisitions."
More news about Tilray (TLRY).