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TerrAscend (OTCMKTS:TRSSF) Trading Up 0.8% - What's Next?

TerrAscend logo with Medical background
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Key Points

  • TerrAscend (OTCMKTS:TRSSF) rose 0.8% to $0.6701 on Monday, with trading volume up about 34% to 174,950 shares versus an average of 131,026.
  • The stock sits near its moving averages (50-day $0.64, 200-day $0.69) and has a market cap of $168.77M, a negative PE (-4.79), current ratio 0.73, quick ratio 0.40 and debt-to-equity 0.55.
  • TerrAscend is a vertically integrated cannabis operator with cultivation, processing and retail operations across key U.S. states and Canadian provincial channels, covering the full value chain from cultivation to retail.
  • MarketBeat previews the top five stocks to own by June 1st.

TerrAscend Corp. (OTCMKTS:TRSSF - Get Free Report)'s stock price rose 0.8% during trading on Monday . The stock traded as high as $0.68 and last traded at $0.6701. Approximately 174,950 shares were traded during mid-day trading, an increase of 34% from the average daily volume of 131,026 shares. The stock had previously closed at $0.6649.

TerrAscend Stock Performance

The company's 50-day moving average price is $0.64 and its 200 day moving average price is $0.69. 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 stock has a market capitalization of $168.77 million, a PE ratio of -4.79 and a beta of 2.89.

About TerrAscend

(Get Free Report)

TerrAscend Corp. is a vertically integrated cannabis company operating across key markets in the United States and Canada. The company holds cultivation, processing and retail licenses in several U.S. jurisdictions—including Pennsylvania, New Jersey and California—while its Canadian operations serve both medical and adult-use markets through provincial distribution channels. TerrAscend's business model spans the full value chain from cultivation and extraction to manufacturing and retail.

In its U.S.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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