TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report)’s stock price rose 8.4% during mid-day trading on Tuesday. The company traded as high as $0.5370 and last traded at $0.52. Approximately 253,791 shares were traded during mid-day trading, an increase of 94% from the average session volume of 131,026 shares. The stock had previously closed at $0.4795.
TerrAscend Trading Down 10.4%
The company has a current ratio of 0.73, a quick ratio of 0.40 and a debt-to-equity ratio of 0.55. The stock has a market capitalization of $124.04 million, a price-to-earnings ratio of -3.52 and a beta of 2.89. The business has a 50 day simple moving average of $0.57 and a 200-day simple moving average of $0.62.
About TerrAscend
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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