Ascend Wellness (OTC:AAWH) Trading Up 6% - Time to Buy?

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

Ascend Wellness Trading Up 6.0%

The company has a current ratio of 1.47, a quick ratio of 0.80 and a debt-to-equity ratio of 2.61. The stock has a 50-day simple moving average of $0.34 and a two-hundred day simple moving average of $0.36. The firm has a market capitalization of $63.38 million, a P/E ratio of -0.76 and a beta of 1.03.

About Ascend Wellness

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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