TerrAscend (OTCMKTS:TSNDF) Stock Price Up 9.2% – Time to Buy?

TerrAscend Corp. (OTCMKTS:TSNDFGet Free Report)’s share price traded up 9.2% on Wednesday . The stock traded as high as $0.67 and last traded at $0.65. 849,415 shares traded hands during mid-day trading, an increase of 150% from the average session volume of 340,027 shares. The stock had previously closed at $0.60.

Wall Street Analyst Weigh In

Separately, Atb Cap Markets cut TerrAscend from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 9th.

Check Out Our Latest Stock Analysis on TSNDF

TerrAscend Stock Performance

The company has a quick ratio of 0.69, a current ratio of 1.35 and a debt-to-equity ratio of 0.81. The company’s 50 day moving average price is $0.80 and its 200-day moving average price is $1.13.

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 vaporizables, concentrates, topicals, tinctures and edibles. It also operates retail dispensaries under the Apothecarium and State Flower brand names.

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