Ascend Wellness (OTCMKTS:AWWH) Shares Down 6.8% – Here’s Why

Ascend Wellness Holdings, Inc. (OTCMKTS:AWWHGet Free Report)’s share price was down 6.8% during mid-day trading on Friday . The company traded as low as $0.42 and last traded at $0.47. Approximately 691,410 shares changed hands during trading, an increase of 5,655% from the average daily volume of 12,015 shares. The stock had previously closed at $0.50.

Ascend Wellness Stock Down 6.8 %

The stock has a 50 day moving average of $1.01 and a two-hundred day moving average of $1.02.

Ascend Wellness Company Profile

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Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods. The company's cannabis product categories include flowers, pre-rolls, concentrates, vapes, edibles, and other cannabis-related products. As of May 26, 2021, it operated 17 retail locations.

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