TerrAscend Corp. (OTCMKTS:TRSSF - Get Free Report) dropped 17.7% during trading on Wednesday . The stock traded as low as $0.91 and last traded at $0.95. Approximately 798,144 shares traded hands during mid-day trading, an increase of 509% from the average daily volume of 131,026 shares. The stock had previously closed at $1.15.
TerrAscend Stock Up 13.1%
The firm's fifty day moving average is $0.60 and its 200 day moving average is $0.45. The company has a quick ratio of 0.40, a current ratio of 0.73 and a debt-to-equity ratio of 0.55.
About TerrAscend
(
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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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