TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report)’s stock price was up 8.4% during trading on Tuesday. The company traded as high as $0.5370 and last traded at $0.52. Approximately 253,791 shares changed hands during trading, an increase of 94% from the average daily volume of 131,026 shares. The stock had previously closed at $0.4795.
TerrAscend Stock Performance
The company has a quick ratio of 0.40, a current ratio of 0.73 and a debt-to-equity ratio of 0.55. The firm has a 50-day moving average price of $0.57 and a 200 day moving average price of $0.63. The firm has a market capitalization of $130.97 million, a PE ratio of -3.71 and a beta of 2.89.
TerrAscend Company Profile
TerrAscend Corp. is a North American cannabis company that cultivates, processes, distributes and sells cannabis products through retail dispensaries and wholesale channels. Its product portfolio includes flower, pre-rolls, vapes, concentrates, edibles and other cannabis-related products, depending on the regulations and markets in which it operates.
The company serves regulated cannabis markets in the United States, with operations and retail activities in states including Pennsylvania, New Jersey, Maryland, Michigan and California.
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