21.5 C
New York
Saturday, June 3, 2023

Insights Into Tilray Brands Inc. (TLRY) Exposure By Institutions

After Hours

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Tilray Brands Inc. (TLRY) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.79%, to $2.55. The Tilray Brands Inc. has recorded 45,843 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Tilray Brands Chairman and CEO Irwin D. Simon to Participate in the Bernstein 39th Annual Strategic Decisions Conference.

Unlock the Hottest Top 10 Penny Stocks Today! Discover Now

Dive into the world of lucrative penny stocks with MarketClub's groundbreaking "Smart Scan" technology! Get an instant snapshot of the top 50 high volume stocks with a clear direction and outstanding liquidity - in other words, the strongest trending. To unlock this exclusive list, simply provide your first name, last name, and email for instant access.

Gain Access to Top 10 Penny Stocks Now!.


Stocks Info

Tilray Brands Inc. is listed on the NASDAQ in the Healthcare sector while operating in the Drug Manufacturers – Specialty & Generic industry. At the end of the last regular session, the stock closed at $2.53 and fluctuated between $2.6350 as its day high and $2.4100 as its day low. The current market capitalization of Tilray Brands Inc. is $1.58B. A total of 12.65 million shares were traded on the day, compared to an average of 10.93M shares.

Insider Activity

Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, TLRY has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 18 BUYs and 24 SELLs from insiders. Insiders purchased 694,833 shares during that period but sold 2,109,398.

In the most recent transaction, Kennedy Brendan sold 350,000 shares of TLRY for 3.78 per share on Nov 07. After the transaction, the Director now owns 6,224,196 company shares. In a previous transaction on Oct 05, Kennedy Brendan sold 350,000 shares at 2.91 per share. TLRY shares that Director owns now total 6,574,196.

Among the insiders who sold shares, Kennedy Brendan disposed of 350,000 shares on Sep 06 at a per-share price of $3.22. This resulted in the Director holding 6,924,196 shares of TLRY after the transaction. In another insider transaction, Kennedy Brendan sold 350,000 shares at $3.09 per share on Jul 05. Company shares held by the Director now total 7,624,196.

Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for TLRY in the last 3 months, the mean price target is $3.31 with high estimates of $5.00 and low estimates of $2.25. In terms of 52-week highs and lows, TLRY has a high of $5.12 and a low of $2.17.

As of this writing, TLRY has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.03 per share and a lower estimate of -$0.07. The company reported an EPS of -$0.11 in the last quarter, which was -83.30% lower than expectations of -$0.06.

Balance Sheet Annually/Quarterly

As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. TLRY’s latest balance sheet shows that the firm has $415.91M in Cash & Short Term Investments as of fiscal 2022. There were $623.81M in debt and $280.34M in liabilities at the time. Its Book Value Per Share was $5.53, while its Total Shareholder’s Equity was $4.44B.

Analysts Opinion

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TLRY is Buy with a score of 3.15.

Related Articles


Please enter your comment!
Please enter your name here

Latest Articles