Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Tilray stock in Canada

Own Tilray shares in just a few minutes.

Buy Aphria (APHA)
Tilray, Inc
TO: APHA - CAD
DRUG MANUFACTURERS-SPECIALTY & GENERIC
C$0
-
Updated . What changed?
Fact checked

Tilray is a drug manufacturers-specialty & generic business based in Canada. Tilray stocks (APHA.TO) are listed on the TO and all prices are listed in Canadian Dollars. Tilray employs 1,200 staff and has a trailing 12-month revenue of around C$611.1 million.

How to buy Tilray stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: APHA in this case.
  5. Research Tilray stocks. The platform should provide the latest information available.
  6. Buy your Tilray stocks. It's that simple.

What's in this guide?

  1. Can I buy shares in Tilray?
  2. Tilray shares summary
  3. Compare share dealing platforms
  4. Is Tilray stock a buy or sell?
  5. Can I short Tilray shares?
  6. Tilray's financials
  7. How volatile are Tilray shares?
  8. Does Tilray pay a dividend?
  9. Have Tilray shares ever split?
  10. Other common questions

Tilray stock price

Use our graph to track the performance of APHA stocks over time.

Tilray stocks at a glance

Information last updated 2021-06-04.
Latest market closeC$N/A
52-week rangeC$5.58 - C$30.7
50-day moving average C$21.7961
200-day moving average C$19.2083
Wall St. target priceC$18.54
Dividend yield N/A (0%)
Earnings per share (TTM) C$0.116

Compare online stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Available asset types Stock Fee Option Fee Account Fee ETF Transaction Cost Feature Table description
Wealthsimple Trade
Wealthsimple Trade
Stocks, ETFs
$0
N/A
$0
Free
Get a $50 bonus when you open a Wealthsimple Trade account and deposit and trade at least $100.
Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple Trade.
Go to site
More Info
Scotia iTRADE
Scotia iTRADE
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
$4.99-$9.99
$9.99 + $1.25 contract ($4.99 + $1.25 contract if completed 150 trades or more a quarter)
$0
$9.99 ($4.99 if completed 150 trades or more a quarter)
Pay no annual account fees.
Buy, sell and trade ETFs, Equities, Options and more with competitive commissions.
Go to site
More Info
CIBC Investor's Edge
CIBC Investor's Edge
Stocks, Bonds, Options, Mutual Funds, ETFs
$4.95 - $6.95
$4.95 - $6.95 (+$1.25 per contract)
$0 if conditions met, otherwise $100/year
$6.95
$4.95 - $6.95 is applicable for online stock, ETF and option trades only. Pay $4.95 when you qualify as an Active Trader (trade 150+ times per quarter).
An intuitive and easy-to-use platform with access to a variety of tools that help you make smart decisions and trade with confidence.
Go to site
More Info
Interactive Brokers
Interactive Brokers
Stocks, Bonds, Options, ETFs, Currencies, Futures
Min. $1.00, Max. 0.5% of trade value
$1.50 min. per order
$0 (if monthly commissions are greater than or equal to US$10.00)
Min. $1.00, Max. 0.5% of trade value
Extensive trading capabilities and global investment tracking.
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
Go to site
More Info
Questrade
Questrade
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$4.95-$9.95
$9.95 + $1 per contract
$0
Free
Get $50 in free trades when you fund your account with a minimum of $1,000.
Opt for self-directed investing and save on fees or get a pre-built portfolio and take some of the guesswork out.
Go to site
More Info
Qtrade Direct Investing
Qtrade Direct Investing
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$6.95 - $8.75
$6.95 - $8.75 + $1.25 per contract
$0 if conditions met, otherwise $25/quarter
$0 - $8.75
Trade 100 select ETFs free of charge.
Qtrade Direct Investing offers low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options. Trade 100 ETFs free of charge and thousands more for $8.75 or lower.
Go to site
More Info
loading

Compare up to 4 providers

Online stock trading

Is it a good time to buy Tilray stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Is Tilray under- or over-valued?

Valuing Tilray stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tilray's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tilray's EBITDA

Tilray's EBITDA (earnings before interest, taxes, depreciation and amortisation) is CADC$9 million.

The EBITDA is a measure of a Tilray's overall financial performance and is widely used to measure a its profitability.

Tilray financials

Revenue TTM CADC$611.1 million
Gross profit TTM CADC$191 million
Return on assets TTM -1.31%
Return on equity TTM -34.14%
Profit margin -95.82%
Book value C$4.76
Market capitalisation CADC$4.4 billion

TTM: trailing 12 months

How to short and sell Tilray stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "APHA.TO"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 12.0 million Tilray stocks held short by investors – that's known as Tilray's "short interest". This figure is 41.7% up from 8.4 million last month.

There are a few different ways that this level of interest in shorting Tilray stocks can be evaluated.

Tilray's "short interest ratio" (SIR)

Tilray's "short interest ratio" (SIR) is the quantity of Tilray stocks currently shorted divided by the average quantity of Tilray stocks traded daily (recently around 3.4 million). Tilray's SIR currently stands at 3.52. In other words for every 100,000 Tilray stocks traded daily on the market, roughly 3520 stocks are currently held short.

However Tilray's short interest can also be evaluated against the total number of Tilray stocks, or, against the total number of tradable Tilray stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Tilray's short interest could be expressed as 0.05% of the outstanding stocks (for every 100,000 Tilray stocks in existence, roughly 50 stocks are currently held short) or 0% of the tradable stocks (for every 100,000 tradable Tilray stocks, roughly 0 stocks are currently held short).

Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Tilray.

Find out more about how you can short Tilray stock.

Tilray stock dividends

We're not expecting Tilray to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.

Have Tilray stocks ever split?

Tilray stocks were split on a 1:10 basis on 8 December 2014. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Tilray stocks – just the quantity. However, indirectly, the new 900% higher stock price could have impacted the market appetite for Tilray stocks which in turn could have impacted Tilray's stock price.

Tilray stock price volatility

Over the last 12 months, Tilray's stocks have ranged in value from as little as C$5.58 up to C$30.7. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Tilray's is 2.6198. This would suggest that Tilray's stocks are significantly more volatile than the average for this exchange and represent a higher risk.

Tilray overview

Aphria Inc. cultivates, processes, produces, markets, distributes, and sells medical cannabis in Canada and internationally. The company offers pharmaceutical-grade medical cannabis, adult-use cannabis, and cannabis-derived extracts and derivative cannabis products under the Solei, RIFF, Good Supply, Aphria, P'tite Pof, and Broken Coast brands. It serves patients and consumers through distributors and online. The company is headquartered in Leamington, Canada.

Stocks similar to Tilray

Canopy Growth Corporation

Canopy Growth Corporation

C$24.70

-C$0.23 (-0.92%)

Tilray, Inc

Tilray, Inc

$13.59

-$0.29 (-2.09%)

Tilray in the news

There are no recent company news

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site