TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report) dropped 2.5% on Wednesday . The company traded as low as $0.68 and last traded at $0.68. Approximately 52,278 shares were traded during mid-day trading, a decline of 60% from the average daily volume of 131,026 shares. The stock had previously closed at $0.70.
TerrAscend Stock Down 2.5 %
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 50-day moving average price of $0.75 and a 200-day moving average price of $1.11.
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.
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