TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report) shares rose 4% during mid-day trading on Monday . The company traded as high as $0.6825 and last traded at $0.6825. Approximately 2,031,706 shares traded hands during mid-day trading, an increase of 1,451% from the average daily volume of 131,026 shares. The stock had previously closed at $0.6563.
TerrAscend Trading Up 4.0%
The firm has a market cap of $171.89 million, a price-to-earnings ratio of -4.88 and a beta of 2.89. The firm’s 50-day moving average is $0.68 and its 200-day moving average is $0.71. The company has a current ratio of 0.73, a quick ratio of 0.40 and a debt-to-equity ratio of 0.55.
About TerrAscend
TerrAscend Corp. is a vertically integrated cannabis company operating across key markets in the United States and Canada. The company holds cultivation, processing and retail licenses in several U.S. jurisdictions—including Pennsylvania, New Jersey and California—while its Canadian operations serve both medical and adult-use markets through provincial distribution channels. TerrAscend’s business model spans the full value chain from cultivation and extraction to manufacturing and retail.
In its U.S.
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