Zenabis Global Inc. said that it had inked an agreement with Tilray, Inc. (NASDAQ:TLRY)to supply it with C$30 million ($22.9 million) worth of dried cannabis. Zenabis stock fell 4.2% in morning trading. Tilray stock fell 1.3%. Zenabis is set to deliver the first shipment in October and said that it does not expect the new supply agreement to impact its supply agreements with existing customers. Zenabis says it will get the cash ahead of delivery.
The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the TLRY is 0.30%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the TLRY is 3.90%.
Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that TLRY. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public.
transactions is the amount of a Tilray, Inc. (NASDAQ:TLRY)’s available stock
owned by mutual or pension funds, insurance companies, investment firms,
private foundations, endowments or other large entities that actually manage
the funds on the behalf of others, so its an interesting element for the
traders to note it, and the Institutional ownership for the TLRY is -56.75%.
A Healthcare sector firm, Tilray, Inc. (NASDAQ:TLRY) stock slumped -3.87% on Tuesday and when day-trade ended the stock finally concluded at $47.39 and number of shares that changed hands during the day are 1.37 Million. The number of shares TLRY stock currently held by all its shareholders are 96.79 and floated shares, the number of shares are available for trading in an open market on last trading day are 5.28. The average volume of shares for 3 months is 1707.47 and TLRY stock value has moved between $20.08 – 296.19 in last one year.
The Tilray, Inc. (NASDAQ:TLRY)’s latest earnings date is 8/13/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Tilray, Inc. (NASDAQ:TLRY) is 27.00% and the stock has gained -32.82% in 2019 to date.
Tilray, Inc. (NASDAQ:TLRY)’s monthly stock performance is 36.73%, the quarterly performance is -25.64%, the half year performance is calculated as -32.82%.
The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Tilray, Inc. (NASDAQ:TLRY) weekly volatility is measured as 4.85% and monthly volatility measured as 7.36%.
Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. TLRY return on assets is -18.00%, the return on equity (ROE) of the Tilray, Inc. (NASDAQ:TLRY) is -46.30%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and TLRY return on investment is -8.50%.
The price to sales ratio is 78.54, and price to book ratio is 11.76, price to cash per share ration is 14.10.
Analysts mean target price for Tilray, Inc. (NASDAQ:TLRY) is $82.11 while analysts mean recommendation is 2.90. The current share price indicates that stock is -84.20% away from its one year high and is moving 135.77% ahead of its 52-week low. TLRY’s distance from 20 day simple moving average is 9.81% and distance from 50-Day simple moving average is 4.24%.