TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report)’s share price fell 13.7% during trading on Friday . The company traded as low as $0.59 and last traded at $0.5902. 460,636 shares were traded during mid-day trading, an increase of 252% from the average session volume of 131,026 shares. The stock had previously closed at $0.6840.
TerrAscend Stock Performance
The stock has a market cap of $148.65 million, a P/E ratio of -4.22 and a beta of 2.89. The company has a fifty day moving average price of $0.80 and a 200 day moving average price of $0.57. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.73 and a quick ratio of 0.40.
About TerrAscend
TerrAscend Corp. cultivates, processes, and sells medical and adult use cannabis in Canada and the United States. The company produces and distributes hemp-derived wellness products to retail locations; and manufactures cannabis-infused artisan edibles. It also operates retail dispensaries under the Apothecarium brand name in California, Pennsylvania, and New Jersey.
Recommended Stories
- Five stocks we like better than TerrAscend
- Investing in the High PE Growth Stocks
- OpenAI’s Restructuring Sets up What Could Be the Biggest IPO Ever
- 3 Grocery Stocks That Are Proving They Are Still Essential
- 2 Rare Earth Stocks the U.S. Government Doesn’t Want to Fail
- What is a Stock Market Index and How Do You Use Them?
- CrowdStrike Partners With CoreWeave But Investors Sell the News
Receive News & Ratings for TerrAscend Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TerrAscend and related companies with MarketBeat.com's FREE daily email newsletter.
