TerrAscend (OTCMKTS:TRSSF) Shares Down 2.9% – Should You Sell?

TerrAscend Corp. (OTCMKTS:TRSSF) shares dropped 2.9% on Monday . The company traded as low as $0.61 and last traded at $0.6142. Approximately 161,344 shares were traded during mid-day trading, an increase of 23% from the average daily volume of 131,026 shares. The stock had previously closed at $0.6323.

TerrAscend Stock Down 2.9%

The company has a quick ratio of 0.40, a current ratio of 0.73 and a debt-to-equity ratio of 0.55. The stock has a market cap of $154.69 million, a PE ratio of -4.39 and a beta of 2.89. The firm has a fifty day moving average of $0.70 and a 200 day moving average of $0.72.

About TerrAscend

TerrAscend Corp. is a vertically integrated cannabis company operating across key markets in the United States and Canada. The company holds cultivation, processing and retail licenses in several U.S. jurisdictions—including Pennsylvania, New Jersey and California—while its Canadian operations serve both medical and adult-use markets through provincial distribution channels. TerrAscend’s business model spans the full value chain from cultivation and extraction to manufacturing and retail.

In its U.S.