Shares of TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report) were down 3% on Tuesday. The company traded as low as $0.47 and last traded at $0.4801. 155,976 shares changed hands during trading, an increase of 19% from the average daily volume of 131,026 shares. The stock had previously closed at $0.4948.
TerrAscend Trading Down 3.0%
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 firm has a market cap of $120.92 million, a PE ratio of -3.43 and a beta of 2.89. The stock’s fifty day simple moving average is $0.60 and its two-hundred day simple moving average is $0.63.
TerrAscend Company Profile
TerrAscend Corp. is a North American cannabis company that cultivates, processes, manufactures and sells cannabis products for medical and adult-use markets. Its operations include cannabis cultivation facilities, processing and manufacturing sites, and retail dispensaries.
The company offers a range of cannabis products, including flower, pre-rolls, concentrates, edibles, vape products and other manufactured goods. Its portfolio has included brands such as Kind Tree, Gage, The Apothecarium and Wana, with product availability varying by state and regulatory market.
TerrAscend serves regulated cannabis markets in the United States, including Pennsylvania, New Jersey, Maryland, Michigan and California, and has also maintained operations in Canada.
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