Ascend Wellness Holdings, Inc. (OTC:AAWH) Expected to Earn Q1 2024 Earnings of ($0.06) Per Share

Ascend Wellness Holdings, Inc. (OTC:AAWH) – Seaport Res Ptn boosted their Q1 2024 earnings per share (EPS) estimates for Ascend Wellness in a note issued to investors on Sunday, April 14th. Seaport Res Ptn analyst S. Randhawa now forecasts that the company will post earnings of ($0.06) per share for the quarter, up from their prior forecast of ($0.07). The consensus estimate for Ascend Wellness’ current full-year earnings is ($0.15) per share.

Ascend Wellness Price Performance

Ascend Wellness stock opened at $1.30 on Wednesday. Ascend Wellness has a 52-week low of $0.46 and a 52-week high of $1.82. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.44 and a current ratio of 2.47. The firm has a 50 day moving average price of $1.36 and a two-hundred day moving average price of $1.23. The firm has a market cap of $268.70 million, a price-to-earnings ratio of -5.42 and a beta of 2.10.

About Ascend Wellness

Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.