Ascend Wellness (OTC:AAWH) Stock Price Up 3.2% – Here’s Why

Ascend Wellness Holdings, Inc. (OTC:AAWHGet Free Report) rose 3.2% during mid-day trading on Monday . The company traded as high as $0.29 and last traded at $0.29. Approximately 10,232 shares were traded during trading, a decline of 90% from the average daily volume of 105,058 shares. The stock had previously closed at $0.28.

Ascend Wellness Stock Down 1.0 %

The company has a debt-to-equity ratio of 2.61, a quick ratio of 0.80 and a current ratio of 1.47. The business’s 50 day moving average price is $0.35 and its 200-day moving average price is $0.47. The firm has a market capitalization of $60.75 million, a PE ratio of -0.72 and a beta of 1.25.

Ascend Wellness Company Profile

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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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