Brokers Set Expectations for Ascend Wellness FY2029 Earnings

Ascend Wellness Holdings, Inc. (OTC:AAWH - Free Report) - Stock analysts at Atb Cap Markets issued their FY2029 EPS estimates for Ascend Wellness in a report released on Thursday, March 13th. Atb Cap Markets analyst F. Gomes anticipates that the company will earn ($0.10) per share for the year. The consensus estimate for Ascend Wellness' current full-year earnings is ($0.40) per share.

Ascend Wellness Stock Down 2.8 %

Shares of AAWH traded down $0.01 on Friday, reaching $0.35. The company's stock had a trading volume of 5,759 shares, compared to its average volume of 125,517. The company has a current ratio of 1.47, a quick ratio of 0.80 and a debt-to-equity ratio of 2.61. Ascend Wellness has a twelve month low of $0.27 and a twelve month high of $1.55. The stock has a market capitalization of $75.05 million, a PE ratio of -0.85 and a beta of 1.27. The firm has a fifty day moving average of $0.37 and a 200-day moving average of $0.56.

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.