TerrAscend (OTCMKTS:TSNDF) Cut to “Hold” at Atb Cap Markets

Atb Cap Markets downgraded shares of TerrAscend (OTCMKTS:TSNDF) from a strong-buy rating to a hold rating in a research report sent to investors on Monday,Zacks.com reports. Atb Cap Markets also issued estimates for TerrAscend’s FY2025 earnings at ($0.13) EPS.

TerrAscend Stock Performance

TerrAscend stock opened at $0.68 on Monday. TerrAscend has a fifty-two week low of $0.66 and a fifty-two week high of $2.45. The company has a current ratio of 1.35, a quick ratio of 0.69 and a debt-to-equity ratio of 0.81. The business’s 50-day simple moving average is $0.97 and its two-hundred day simple moving average is $1.22.

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