Tilray Brands Inc’s recently made public that its Chief Strategy Officer FALTISCHEK DENISE M acquired Company’s shares for reported $20500.0 on Jan 17 ’24. In the deal valued at $2.05 per share,10,000 shares were bought. As a result of this transaction, FALTISCHEK DENISE M now holds 293,269 shares worth roughly $0.53 million.
Then, Gendel Mitchell bought 7,200 shares, generating $14,256 in total proceeds. Upon buying the shares at $1.98, the Global General Counsel now owns 195,796 shares.
Before that, SIMON IRWIN D bought 53,700 shares. Tilray Brands Inc shares valued at $100,956 were divested by the President and CEO at a price of $1.88 per share. As a result of the transaction, SIMON IRWIN D now holds 2,033,058 shares, worth roughly $3.7 million.
Alliance Global Partners reiterated its Tilray Brands Inc [TLRY] rating to a Neutral in a research note published on April 05, 2024; the price target was $2.75. A number of analysts have revised their coverage, including Bernstein’s analysts, who began to cover the stock in early November with a ‘”a Mkt perform”‘ rating. The Benchmark Company also remained covering TLRY and has decreased its forecast on July 29, 2022 with a “Sell” recommendation from previously “Hold” rating. Canaccord Genuity revised its rating on March 04, 2022. It rated TLRY as “a Buy” which previously was an “a Hold”.
Price Performance Review of TLRY
On Friday, Tilray Brands Inc [NASDAQ:TLRY] saw its stock fall -4.21% to $1.82. Over the last five days, the stock has lost -29.87%. Tilray Brands Inc shares have fallen nearly -20.87% since the year began. Nevertheless, the stocks have fallen -25.87% over the past one year. While a 52-week high of $3.40 was reached on 04/04/24, a 52-week low of $1.50 was recorded on 03/14/24. SMA at 50 days reached $1.9590, while 200 days put it at $2.0789. A total of 36.26 million shares were traded, compared to the trading of 42.05 million shares in the previous session.
Levels Of Support And Resistance For TLRY Stock
The 24-hour chart illustrates a support level at 1.7433, which if violated will result in even more drops to 1.6667. On the upside, there is a resistance level at 1.9333. A further resistance level may holdings at 2.0467. The Relative Strength Index (RSI) on the 14-day chart is 40.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.4267, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.64%. Stochastics %K at 5.49% indicates the stock is a buying.
The most recent change occurred on November 18, 2021 when Barclays began covering the stock and recommended ‘”an Underweight”‘ rating along with a $10 price target.
