During the last session, Tilray Brands Inc (NASDAQ:TLRY)’s traded shares were 17.93 million, with the beta value of the company hitting 2.44. The 52-week high for the TLRY share is $3.40, that puts it down -84.78 from that peak though still a striking 18.48% gain since the share price plummeted to a 52-week low of $1.50. The company’s market capitalization is $1.42B, and the average trade volume was 29.52 million shares over the past three months.
Tilray Brands Inc (NASDAQ:TLRY) trade information
The stock’s 5-day price performance is 6.98%, and it has moved by -14.42% in 30 days. Based on these gigs, the overall price performance for the year is -21.70%.
Tilray Brands Inc (TLRY) estimates and forecasts
Statistics show that Tilray Brands Inc has underperformed its competitors in share price, compared to the industry in which it operates. Tilray Brands Inc (TLRY) shares have gone up 3.37% during the last six months, with a year-to-date growth rate less than the industry average at -42.86% against 4.40. In the rating firms’ projections, revenue will increase 26.90% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 308.61M as predicted by 11 analyst(s). Meanwhile, a consensus of 10 analyst(s) estimates revenue growth to 288.29M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 248.45M and 238.68M respectively. In this case, analysts expect current quarter sales to grow by 24.20% and then jump by 20.80% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -23.57%. While earnings are projected to return 87.74% in 2024, the next five years will return 37.00% per annum.
TLRY Dividends
Tilray Brands Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
