Shares of TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report) dropped 3.9% during mid-day trading on Friday . The company traded as low as $0.41 and last traded at $0.42. Approximately 597,154 shares changed hands during mid-day trading, an increase of 356% from the average daily volume of 131,026 shares. The stock had previously closed at $0.4372.
TerrAscend Stock Up 1.1%
The company has a market cap of $114.32 million, a P/E ratio of -3.24 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 company has a fifty day moving average of $0.69 and a 200 day moving average of $0.58.
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 cannabis-infused artisan edibles. It also operates retail dispensaries under the Apothecarium brand name in California, Pennsylvania, and New Jersey.
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