Tilray is a drug manufacturers-specialty & generic business based in the US. Tilray stocks (TLRY.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $16.25 – an increase of 3.92% over the previous week. Tilray employs 2,100 staff and has a trailing 12-month revenue of around $513.1 million.
How to buy Tilray stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: TLRY in this case.
- Research Tilray stocks. The platform should provide the latest information available.
- Buy your Tilray stocks. It's that simple.
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.
What's in this guide?
- Can I buy shares in Tilray?
- Has coronavirus impacted Tilray shares?
- Tilray shares summary
- Compare share dealing platforms
- Is Tilray stock a buy or sell?
- Tilray performance over time
- Can I short Tilray shares?
- Tilray's financials
- How volatile are Tilray shares?
- Does Tilray pay a dividend?
- Other common questions
How has Coronavirus impacted Tilray's stock price?
Since the stock market crash in March caused by coronavirus, Tilray's stock price has had significant negative movement.
Its last market close was $11.67, which is 39.75% down on its pre-crash value of $19.37 and 380.25% up on the lowest point reached during the March crash when the stocks fell as low as $2.43.
If you had bought $1,000 worth of Tilray stocks at the start of February 2020, those stocks would have been worth $223.07 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $676.16.
Tilray stock priceUse our graph to track the performance of TLRY stocks over time.
Tilray stocks at a glance
|Latest market close||$11.67|
|52-week range||$4.71 - $55.01|
|50-day moving average||$13.0849|
|200-day moving average||$16.9127|
|Wall St. target price||$15.89|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-1.363|
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Note: The dollar amounts in the table below are in Canadian dollars.
Tilray price performance over time
|1 week (2021-09-20)||3.92%|
|1 month (2021-08-27)||-13.04%|
|3 months (2021-06-25)||-35.88%|
|6 months (2021-03-26)||-47.15%|
|1 year (2020-09-25)||143.63%|
|2 years (2019-09-27)||-55.01%|
|3 years (2018-09-27)||-91.11%|
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 (earnings before interest, taxes, depreciation and amortisation) is USD$9 million.
The EBITDA is a measure of a Tilray's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$513.1 million|
|Gross profit TTM||USD$123.2 million|
|Return on assets TTM||-1.1%|
|Return on equity TTM||-11.71%|
|Market capitalisation||USD$5.2 billion|
TTM: trailing 12 months
How to short and sell Tilray stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "TLRY.US"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 33.0 million Tilray stocks held short by investors – that's known as Tilray's "short interest". This figure is 3.3% down from 34.2 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 14.7 million). Tilray's SIR currently stands at 2.24. In other words for every 100,000 Tilray stocks traded daily on the market, roughly 2240 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 0.07% of the outstanding stocks (for every 100,000 Tilray stocks in existence, roughly 70 stocks are currently held short) or 0.0768% of the tradable stocks (for every 100,000 tradable Tilray stocks, roughly 77 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.
Tilray stock price volatility
Over the last 12 months, Tilray's stocks have ranged in value from as little as $4.71 up to $55.01. 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 (NASDAQ 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, Inc. engages in the research, cultivation, production, marketing, and distribution of medical cannabis products. The company operates through five segments: Cannabis Business, Distribution Business, Beverage Alcohol Business, Wellness Business, and Business Under Development. It provides medical and adult-use cannabis products; pharmaceutical and wellness products; beverage alcohol products; and hemp-based food and other wellness products. The company offers its products to retailers, wholesalers, patients, physicians, pharmacies, clinics, hospitals, governments, and researchers. It has operations in Canada, the United States, Europe, Australia, New Zealand, Latin America, and internationally. The company was formerly known as Aphria Inc. Tilray, Inc. was incorporated in 2018 and is based in New York, New York.
Tilray in the news
Canopy Growth Makes Another Big Move Towards U.S. Expansion
High Tide Doubles Presence in Ottawa with new Retail Cannabis Stores in Gloucester and Kanata
MedMen: Cannabis MSO With Improved Hope, But Extra Risk
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