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Ascend Wellness (OTC:AAWH) Shares Up 3.2% - Here's What Happened

Ascend Wellness logo with Medical background
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Ascend Wellness Holdings, Inc. (OTC:AAWH - Get Free Report)'s stock price rose 3.2% on Monday . The stock traded as high as $0.29 and last traded at $0.29. Approximately 10,232 shares traded hands during trading, a decline of 90% from the average daily volume of 105,058 shares. The stock had previously closed at $0.28.

Ascend Wellness Stock Performance

The stock has a market capitalization of $59.34 million, a PE ratio of -0.71 and a beta of 1.25. The company has a debt-to-equity ratio of 2.61, a quick ratio of 0.80 and a current ratio of 1.47. The firm has a 50 day moving average of $0.35 and a 200-day moving average of $0.47.

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.

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 and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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