Ascend Wellness Holdings, Inc. (OTC:AAWH – Free Report) – Analysts at Seaport Res Ptn raised their Q1 2024 earnings estimates for Ascend Wellness in a research report issued to clients and investors on Sunday, April 14th. Seaport Res Ptn analyst S. Randhawa now expects that the company will post earnings per share of ($0.06) for the quarter, up from their prior forecast of ($0.07). The consensus estimate for Ascend Wellness’ current full-year earnings is ($0.15) per share.
Ascend Wellness Stock Up 6.6 %
Shares of AAWH opened at $1.30 on Wednesday. The firm has a 50 day simple moving average of $1.36 and a two-hundred day simple moving average of $1.22. The company has a market cap of $268.70 million, a P/E ratio of -5.42 and a beta of 2.10. Ascend Wellness has a one year low of $0.46 and a one year high of $1.82. The company has a debt-to-equity ratio of 2.08, a current ratio of 2.47 and a quick ratio of 1.44.
About Ascend Wellness
Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.
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