Ascend Wellness (OTC:AAWH) Shares Up 32.7% – What’s Next?

Ascend Wellness Holdings, Inc. (OTC:AAWHGet Free Report)’s share price shot up 32.7% on Monday . The stock traded as high as $0.70 and last traded at $0.69. 889,469 shares were traded during trading, an increase of 617% from the average session volume of 123,972 shares. The stock had previously closed at $0.52.

Ascend Wellness Price Performance

The stock’s 50-day moving average price is $0.36 and its 200-day moving average price is $0.36. The company has a market capitalization of $141.06 million, a price-to-earnings ratio of -1.68 and a beta of 1.04. The company has a quick ratio of 0.80, a current ratio of 1.47 and a debt-to-equity ratio of 2.61.

About Ascend Wellness

(Get Free Report)

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.

Further Reading

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