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Tilray Brands to execute a 1-10 reverse stock split on December 2.
Tilray Brands (TLRY) will execute a 1-10 reverse stock split on December 2, adjusting shares after the market close on December 1.
The company, operating in medical cannabis across Canada, Germany, Australia, and other markets, has a $1.16 billion market cap and a current stock price of $1.03.
Analysts maintain a mixed outlook with two Buy, three Hold, and two Sell ratings, leading to a consensus Hold and a $2.00 average price target.
The stock has a negative P/E ratio of -0.45, a beta of 2.04, and strong liquidity ratios, with the 50-day and 200-day moving averages at $1.36 and $0.94, respectively.
Recent trading volume was down 61% from average.
Tilray Brands ejecutará una división inversa de acciones de 1-10 el 2 de diciembre.