Tilray Brands (NASDAQ:TLRY) Trading Up 27.5% - Still a Buy?

Tilray Brands, Inc. (NASDAQ:TLRY - Get Free Report)'s stock price was up 27.5% during trading on Tuesday . The stock traded as high as $14.55 and last traded at $13.94. Approximately 46,997,912 shares changed hands during trading, an increase of 721% from the average daily volume of 5,721,580 shares. The stock had previously closed at $10.93.Get Tilray Brands alerts:Wall Street Analysts Forecast GrowthMarketBeat Week in Review – 09/29 - 10/03Several equities analysts have issued reports on the stock. Atb Cap Markets upgraded shares of Tilray Brands from a "strong sell" rating to a "hold" rating in a research note on Wednesday, December 10th. Wall Street Zen raised Tilray Brands from a "strong sell" rating to a "hold" rating in a report on Saturday, October 11th. Weiss Ratings reissued a "sell (d-)" rating on shares of Tilray Brands in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group lifted their price target on Tilray Brands from $15.00 to $20.00 and gave the stock a "buy" rating in a research report on Monday, August 25th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $20.00.View Our Latest Stock Analysis on TLRYTilray Brands Stock Up 27.5%Is Tilray's Stock Price Surge a Pipe Dream of Political Hype?The company has a debt-to-equity ratio of 0.15, a current ratio of 2.62 and a quick ratio of 1.56. The firm's 50 day moving average price is $12.17 and its two-hundred day moving average price is $9.80. The firm has a market cap of $1.57 billion, a price-to-earnings ratio of -0.61 and a beta of 1.76. Institutional Investors Weigh In On Tilray BrandsSeveral large investors have recently modified their holdings of the stock. Swiss National Bank boosted its position in shares of Tilray Brands by 2.3% during the 1st quarter. Swiss National Bank now owns 1,816,638 shares of the company's stock worth $1,194,000 after purchasing an additional 40,000 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in shares of Tilray Brands by 30.4% in the first quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 527,995 shares of the company's stock valued at $345,000 after purchasing an additional 122,969 shares during the period. Zuckerman Investment Group LLC purchased a new stake in Tilray Brands during the first quarter worth about $33,000. State of Wyoming boosted its holdings in Tilray Brands by 133.0% during the first quarter. State of Wyoming now owns 241,165 shares of the company's stock worth $159,000 after buying an additional 137,676 shares in the last quarter. Finally, AQR Capital Management LLC grew its position in Tilray Brands by 1,839.7% during the first quarter. AQR Capital Management LLC now owns 607,054 shares of the company's stock worth $399,000 after buying an additional 575,757 shares during the period. Hedge funds and other institutional investors own 9.35% of the company's stock. Tilray Brands Company Profile (Get Free Report)Tilray's High Hopes: The Catalyst Driving Cannabis StocksTilray, Inc engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc is headquartered in Canada. Featured ArticlesFive stocks we like better than Tilray BrandsNYSE Stocks Give Investors a Variety of Quality Options RTX Surges to Record Highs as Defense Orders ExplodeBest Stocks Under $5.00Smart Money Is Buying Auto Suppliers, Not Car BrandsRide Out The Recession With These Dividend Kings Higher Beef Prices Are Here: Best Steakhouse Stocks for 2026This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Tilray Brands Right Now?Before you consider Tilray Brands, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tilray Brands wasn't on the list.While Tilray Brands currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here