Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

TILRAY BRANDS, INC.

(TLRY)
  Report
Real-time Estimate Cboe BZX  -  01:00 2022-12-01 pm EST
3.955 USD   +2.20%
11/29Tilray Brands, Inc. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)
AQ
11/23Tilray Brands, Inc. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
11/18Tilray Brands Launches Platform Give Women Free Medical Cannabis Resources
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

TSX falls as higher oil prices clip central bank pivot hopes

10/06/2022 | 04:45pm EST

(Adds investor quotes and details throughout, updates prices)

*

TSX ends down 256.08 points, or 1.3%, at 18,979.01

*

Financials fall 2.6%

*

Energy rises 1.9%; oil settles 0.8% higher

*

Cannabis producers jump; Tilray Brands adds 32.6%

TORONTO, Oct 6 (Reuters) - Canada's main stock index fell on Thursday as investors weighed the potential for higher oil prices to worsen the inflation outlook, with declines in the financial and consumer staples sectors offsetting gains for resource shares.

The Toronto Stock Exchange's S&P/TSX composite index ended down 256.08 points, or 1.3%, at 18,979.01. That was the second straight day of declines for the index after it rallied 5% over the course of Monday and Tuesday.

Wall Street's major indexes also closed lower as concerns mounted ahead of closely watched monthly nonfarm payrolls numbers that the Federal Reserve's aggressive interest rate stance will lead to a recession.

"We had a bit of relief rally (earlier in the week) on the expectation that we might get a bit of a pivot from the Fed and peak in inflation," said Greg Taylor, a portfolio manager at Purpose Investments. "I think with the move higher in oil yesterday there was a bit of second guessing of that (notion)."

The Bank of Canada has also been raising rates at a rapid pace. Its governor, Tiff Macklem, made clear that the central bank will not yet be pivoting away from its hawkish stance.

Heavily-weighted financials were among the biggest drag on the Toronto market, falling 2.6%, while the consumer staples sector was down 2.9%.

Energy rose 1.9% as oil settled 0.8% higher at $88.45, adding to its gains on Wednesday when OPEC+ agreed to cut production targets by 2 million barrels per day, the largest reduction since 2020.

The materials group, which includes precious and base metals miners and fertilizer companies, added 1.5% and healthcare ended 8.7% higher.

It included sharp gains for cannabis producers, with Tilray Brands Inc up 32.6%, as President Joe Biden took steps to overhaul U.S. policy on marijuana. (Reporting by Fergal Smith; Additional reporting by Shashwat Chauhan in Bengaluru; Editing by Shinjini Ganguli, Uttaresh.V and Deepa Babington)


ę Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AUSTRALIAN DOLLAR / US DOLLAR (AUD/USD) 0.17% 0.68092 Delayed Quote.-7.95%
BRENT OIL 1.61% 87.95 Delayed Quote.9.01%
BRITISH POUND / US DOLLAR (GBP/USD) 1.49% 1.22578 Delayed Quote.-11.71%
CANADIAN DOLLAR / US DOLLAR (CAD/USD) -0.09% 0.74493 Delayed Quote.-6.96%
EURO / US DOLLAR (EUR/USD) 0.78% 1.05073 Delayed Quote.-9.20%
INDIAN RUPEE / US DOLLAR (INR/USD) 0.23% 0.01232 Delayed Quote.-8.77%
NEW ZEALAND DOLLAR / US DOLLAR (NZD/USD) 0.93% 0.63753 Delayed Quote.-9.37%
TILRAY BRANDS, INC. 1.81% 3.945 Delayed Quote.-44.95%
WTI 2.03% 82.167 Delayed Quote.4.48%
All news about TILRAY BRANDS, INC.
11/29Tilray Brands, Inc. : Entry into a Material Definitive Agreement, Financial Statements and..
AQ
11/23Tilray Brands, Inc. : Submission of Matters to a Vote of Security Holders (form 8-K)
AQ
11/18Tilray Brands Launches Platform Give Women Free Medical Cannabis Resources
MT
11/18Tilray Launches ‘Take Back Control' Platform to Provide Women With Free Medical C..
GL
11/15HEXO, Entourage Health Sign Cannabis Supply Agreement
MT
11/15HEXO and Entourage Health Brief: Cos Sign Long-Term Supp..
MT
11/10Tilray Brands Expands CANACA Cannabis Brand Portfolio With New Products
MT
11/10‘Potently Canadian' Cannabis Brand, CANACA, Launches New Products and #FeelTheBoo..
GL
11/10Insider Sell: Tilray Brands
MT
11/10‘Potently Canadian' Cannabis Brand, CANACA, Launches New Products and #FeelTheBoo..
GL
More news
Analyst Recommendations on TILRAY BRANDS, INC.
More recommendations
Financials (USD)
Sales 2023 650 M - -
Net income 2023 -135 M - -
Net Debt 2023 128 M - -
P/E ratio 2023 -15,3x
Yield 2023 -
Capitalization 2 366 M 2 366 M -
EV / Sales 2023 3,84x
EV / Sales 2024 3,35x
Nbr of Employees 1 700
Free-Float 98,7%
Chart TILRAY BRANDS, INC.
Duration : Period :
Tilray Brands, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TILRAY BRANDS, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Last Close Price 3,87 $
Average target price 4,76 $
Spread / Average Target 23,1%
EPS Revisions
Managers and Directors
Irwin David Simon Chairman, President & Chief Executive Officer
Carl A. Merton Chief Financial Officer
Lloyd Brathwaite Chief Information Officer
James Meiers Chief Operating Officer
Roger Savell Chief Administrative Officer
Sector and Competitors
1st jan.Capi. (M$)
TILRAY BRANDS, INC.-44.95%2 366
JOHNSON & JOHNSON4.05%465 378
ELI LILLY AND COMPANY31.76%352 592
ABBVIE INC.19.04%284 947
PFIZER, INC.-15.11%281 395
MERCK & CO., INC.43.68%279 198