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TerrAscend (OTCMKTS:TRSSF) Shares Down 1.1% - Here's Why

TerrAscend logo with Medical background

TerrAscend Corp. (OTCMKTS:TRSSF - Get Free Report) shares fell 1.1% during mid-day trading on Thursday . The company traded as low as $0.26 and last traded at $0.26. 122,862 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 131,026 shares. The stock had previously closed at $0.27.

TerrAscend Stock Up 11.9 %

The company has a debt-to-equity ratio of 0.55, a quick ratio of 0.40 and a current ratio of 0.73. The company's 50 day moving average price is $0.40 and its 200-day moving average price is $0.63.

TerrAscend Company Profile

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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 cannabis-infused artisan edibles. It also operates retail dispensaries under the Apothecarium brand name in California, Pennsylvania, and New Jersey.

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