TerrAscend (OTCMKTS:TRSSF) Shares Down 4.6% – Time to Sell?

TerrAscend Corp. (OTCMKTS:TRSSFGet Free Report)’s stock price dropped 4.6% during trading on Tuesday . The company traded as low as $0.5256 and last traded at $0.5466. 96,094 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 131,026 shares. The stock had previously closed at $0.5730.

TerrAscend Price Performance

The firm has a market cap of $137.67 million, a P/E ratio of -3.90 and a beta of 2.89. 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 business’s 50 day moving average is $0.65 and its two-hundred day moving average is $0.67.

About TerrAscend

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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.

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