TerrAscend (OTCMKTS:TSNDF) Shares Up 9.2% – Here’s What Happened

TerrAscend Corp. (OTCMKTS:TSNDFGet Free Report) rose 9.2% during trading on Wednesday . The stock traded as high as $0.67 and last traded at $0.65. Approximately 849,415 shares changed hands during trading, an increase of 150% from the average daily volume of 340,027 shares. The stock had previously closed at $0.60.

Analyst Ratings Changes

Separately, Atb Cap Markets lowered TerrAscend from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 9th.

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TerrAscend Stock Up 9.2 %

The firm’s fifty day simple moving average is $0.80 and its 200 day simple moving average is $1.13. The company has a quick ratio of 0.69, a current ratio of 1.35 and a debt-to-equity ratio of 0.81.

TerrAscend Company Profile

(Get Free Report)

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 vaporizables, concentrates, topicals, tinctures and edibles. It also operates retail dispensaries under the Apothecarium and State Flower brand names.

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