Tilray Brands (TSE:TLRY) Shares Up 6.9% - Should You Buy?

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Tilray Brands (TSE:TLRY) saw its shares climb 6.9% during intraday trading on Thursday, with trading volume doubling its daily average. The company currently holds a consensus “Hold” rating from analysts, with an average price target of C$13.30. Despite a negative P/E ratio, Tilray boasts solid liquidity, though its stock is trading below its 50-day and 200-day moving averages.

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