TerrAscend (OTCMKTS:TRSSF) Shares Up 0.8% – What’s Next?

TerrAscend Corp. (OTCMKTS:TRSSF)’s share price shot up 0.8% during trading on Monday . The company traded as high as $0.68 and last traded at $0.6701. 174,950 shares changed hands during mid-day trading, an increase of 34% from the average session volume of 131,026 shares. The stock had previously closed at $0.6649.

TerrAscend Trading Down 9.1%

The company has a debt-to-equity ratio of 0.55, a current ratio of 0.73 and a quick ratio of 0.40. The company has a market cap of $155.65 million, a price-to-earnings ratio of -4.41 and a beta of 2.89. The business has a 50 day simple moving average of $0.64 and a 200 day simple moving average of $0.69.

TerrAscend Company Profile

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.