TerrAscend (OTCMKTS:TRSSF) Stock Price Up 8% – Here’s Why

TerrAscend Corp. (OTCMKTS:TRSSFGet Free Report) was up 8% during mid-day trading on Thursday . The stock traded as high as $0.54 and last traded at $0.54. Approximately 104,578 shares were traded during mid-day trading, a decline of 20% from the average daily volume of 131,026 shares. The stock had previously closed at $0.50.

TerrAscend Stock Up 8.0 %

The company’s 50 day moving average price is $0.65 and its 200-day moving average price is $1.02. The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.40 and a current ratio of 0.73.

TerrAscend Company Profile

(Get Free Report)

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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