TerrAscend (OTCMKTS:TRSSF) Stock Price Up 4% – Should You Buy?

TerrAscend Corp. (OTCMKTS:TRSSF)’s share price shot up 4% during trading on Monday . The stock traded as high as $0.6825 and last traded at $0.6825. 2,031,706 shares were traded during mid-day trading, an increase of 1,451% from the average session volume of 131,026 shares. The stock had previously closed at $0.6563.

TerrAscend Stock Up 4.0%

The company has a market cap of $171.89 million, a P/E ratio of -4.88 and a beta of 2.89. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.73 and a quick ratio of 0.40. The stock has a fifty day moving average price of $0.68 and a two-hundred day moving average price of $0.71.

TerrAscend Company Profile

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.