TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report)’s share price dropped 4.6% during mid-day trading on Tuesday . The stock traded as low as $0.5256 and last traded at $0.5466. 96,094 shares changed hands during mid-day trading, a decline of 27% from the average daily volume of 131,026 shares. The stock had previously closed at $0.5730.
TerrAscend Stock Performance
The stock has a 50 day simple moving average of $0.65 and a 200 day simple moving average of $0.67. The company has a market cap of $137.67 million, a price-to-earnings ratio of -3.90 and a beta of 2.89. The company has a quick ratio of 0.40, a current ratio of 0.73 and a debt-to-equity ratio of 0.55.
About TerrAscend
TerrAscend Corp. is a vertically integrated cannabis company operating across key markets in the United States and Canada. The company holds cultivation, processing and retail licenses in several U.S. jurisdictions—including Pennsylvania, New Jersey and California—while its Canadian operations serve both medical and adult-use markets through provincial distribution channels. TerrAscend’s business model spans the full value chain from cultivation and extraction to manufacturing and retail.
In its U.S.
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