Shares of TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report) were down 9.1% during mid-day trading on Thursday . The stock traded as low as $0.50 and last traded at $0.50. Approximately 590,407 shares traded hands during trading, an increase of 351% from the average daily volume of 131,026 shares. The stock had previously closed at $0.55.
TerrAscend Stock Performance
The company has a current ratio of 0.73, a quick ratio of 0.40 and a debt-to-equity ratio of 0.55. The company’s fifty day moving average price is $0.60 and its two-hundred day moving average price is $0.94.
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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