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Ascend Wellness (OTC:AAWH) Stock Price Up 6% - Still a Buy?

Ascend Wellness logo with Medical background

Shares of Ascend Wellness Holdings, Inc. (OTC:AAWH - Get Free Report) traded up 6% on Thursday . The company traded as high as $0.31 and last traded at $0.31. 62,357 shares were traded during mid-day trading, a decline of 47% from the average session volume of 117,140 shares. The stock had previously closed at $0.29.

Ascend Wellness Price Performance

The firm has a 50-day simple moving average of $0.34 and a 200-day simple moving average of $0.36. The firm has a market capitalization of $64.89 million, a PE ratio of -0.77 and a beta of 1.03. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.47 and a quick ratio of 0.80.

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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