TerrAscend (OTCMKTS:TRSSF) Trading Down 2.5% – Here’s What Happened

TerrAscend Corp. (OTCMKTS:TRSSFGet Free Report) shares fell 2.5% on Wednesday . The stock traded as low as $0.68 and last traded at $0.68. 52,278 shares changed hands during trading, a decline of 60% from the average session volume of 131,026 shares. The stock had previously closed at $0.70.

TerrAscend Price Performance

The company has a quick ratio of 0.40, a current ratio of 0.73 and a debt-to-equity ratio of 0.55. The company’s 50 day moving average price is $0.75 and its 200-day moving average price is $1.11.

About TerrAscend

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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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