TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report)’s stock price dropped 1.1% during mid-day trading on Thursday . The company traded as low as $0.26 and last traded at $0.26. Approximately 122,862 shares changed hands during trading, a decline of 6% from the average daily volume of 131,026 shares. The stock had previously closed at $0.27.
TerrAscend Stock Performance
The company has a fifty day simple moving average of $0.42 and a 200 day simple moving average of $0.65. The company has a quick ratio of 0.40, a current ratio of 0.73 and a debt-to-equity ratio of 0.55.
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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