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

Ascend Wellness logo with Medical background

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

Ascend Wellness Trading Down 4.4%

The stock has a 50-day moving average of $0.35 and a two-hundred day moving average of $0.38. The company has a market cap of $65.50 million, a P/E ratio of -0.78 and a beta of 1.20. The company has a debt-to-equity ratio of 2.61, a quick ratio of 0.80 and a current ratio of 1.47.

Ascend Wellness Company Profile

(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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