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Ascend Wellness (OTC:AAWH) Stock Price Up 2.8% - Here's What Happened

Ascend Wellness logo with Medical background

Ascend Wellness Holdings, Inc. (OTC:AAWH - Get Free Report)'s stock price shot up 2.8% during mid-day trading on Wednesday . The stock traded as high as $0.32 and last traded at $0.32. 18,237 shares were traded during trading, a decline of 83% from the average session volume of 109,520 shares. The stock had previously closed at $0.31.

Ascend Wellness Stock Down 2.6%

The company has a 50-day simple moving average of $0.35 and a 200-day simple moving average of $0.37. The firm has a market cap of $65.69 million, a PE ratio of -0.78 and a beta of 1.20. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.47 and a quick ratio of 0.80.

About Ascend Wellness

(Get Free Report)

Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.

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