24-Apr-2024
Sweetwater Brewing Unveils Modern Rebrand
Globe Newswire (Thu, 25-Apr 7:00 AM ET)
Good Supply Cannabis Introduces New Signature 'Bud Squad' Products
Globe Newswire (Wed, 24-Apr 7:00 AM ET)
On 4/20 Day, even non-cannabis companies get in the spirit
Seeking Alpha News (Sat, 20-Apr 4:59 PM ET)
Montauk Brewing's Project 4:20 IPA Returns to Support Surfrider Foundation
Globe Newswire (Thu, 18-Apr 8:00 AM ET)
Globe Newswire (Thu, 18-Apr 7:00 AM ET)
Tilray Brands Lights Up 420 With Music Festivals and Celebrations Across The Country
Globe Newswire (Wed, 17-Apr 7:00 AM ET)
Breathalyzer Market Expands with Tech Advances and Stricter Alcohol Laws
Globe Newswire (Tue, 16-Apr 9:30 AM ET)
10 Barrel Brewing Adds 'Juicy Drama' to Its Award-Winning HopBurst Family
Globe Newswire (Thu, 11-Apr 8:30 AM ET)
Montauk Brewing Releases Its First Non-Alcoholic Brew: Montauk N.A. IPA
Globe Newswire (Thu, 11-Apr 8:00 AM ET)
Tilray Brands, Inc. Reports Q3 Fiscal 2024 Financial Results
Globe Newswire (Tue, 9-Apr 7:00 AM ET)
Tilray is a Canadian producer that cultivates and sells medical and recreational cannabis. In 2021, legacy Aphria acquired legacy Tilray in a reverse merger and renamed itself Tilray. The bulk of its sales are in Canada and in the international medical cannabis export market. US exposure consists of CBD products and alcohol.
Tilray Brands trades on the NASDAQ stock market under the symbol TLRY.
As of April 24, 2024, TLRY stock price was flat at $1.84 with 17,246,017 million shares trading.
TLRY has a beta of 2.23, meaning it tends to be more sensitive to market movements. TLRY has a correlation of 0.10 to the broad based SPY ETF.
TLRY has a market cap of $1.42 billion. This is considered a Small Cap stock.
Last quarter Tilray Brands reported $188 million in Revenue and $.00 earnings per share. This fell short of revenue expectation by $-10 million and exceeded earnings estimates by $.05.
In the last 3 years, TLRY stock traded as high as $23.04 and as low as $1.50.
The top ETF exchange traded funds that TLRY belongs to (by Net Assets): MJ, VHT, CNBS, YOLO, VT.
TLRY has underperformed the market in the last year with a price return of -21.7% while the SPY ETF gained +24.1%. TLRY has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.6% and -8.9%, respectively, while the SPY returned +4.5% and -1.7%, respectively.
TLRY support price is $1.72 and resistance is $1.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TLRY stock will trade within this expected range on the day.