Shares of TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report) dropped 0.9% during trading on Wednesday . The stock traded as low as $1.13 and last traded at $1.14. Approximately 127,602 shares changed hands during trading, a decline of 3% from the average daily volume of 131,026 shares. The stock had previously closed at $1.15.
TerrAscend Price Performance
The stock’s fifty day moving average price is $1.34 and its two-hundred day moving average price is $1.54. The company has a quick ratio of 0.40, a current ratio of 0.73 and a debt-to-equity ratio of 0.55.
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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