TerrAscend (OTCMKTS:TRSSF) Trading 2.9% Higher – Here’s Why

Shares of TerrAscend Corp. (OTCMKTS:TRSSFGet Free Report) traded up 2.9% during trading on Tuesday . The company traded as high as $0.8747 and last traded at $0.7701. 689,648 shares changed hands during trading, an increase of 426% from the average session volume of 131,026 shares. The stock had previously closed at $0.7484.

TerrAscend Trading Up 2.9%

The company has a debt-to-equity ratio of 0.55, a current ratio of 0.73 and a quick ratio of 0.40. The business’s 50 day moving average is $0.68 and its 200 day moving average is $0.67. The stock has a market cap of $193.96 million, a price-to-earnings ratio of -5.50 and a beta of 2.89.

TerrAscend Company Profile

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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.

Further Reading

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