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Atb Cap Markets Lowers Earnings Estimates for TerrAscend

TerrAscend logo with Medical background

TerrAscend Corp. (OTCMKTS:TSNDF - Free Report) - Investment analysts at Atb Cap Markets cut their FY2025 earnings estimates for shares of TerrAscend in a research report issued on Monday, December 9th. Atb Cap Markets analyst F. Gomes now anticipates that the company will post earnings of ($0.13) per share for the year, down from their prior forecast of ($0.09). Atb Cap Markets has a "Hold" rating on the stock. The consensus estimate for TerrAscend's current full-year earnings is ($0.14) per share.

TerrAscend Trading Down 1.4 %

Shares of TSNDF traded down $0.01 during midday trading on Wednesday, hitting $0.75. The company had a trading volume of 149,367 shares, compared to its average volume of 339,766. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.35 and a quick ratio of 0.69. TerrAscend has a 52 week low of $0.66 and a 52 week high of $2.45. The company's 50 day moving average price is $0.99 and its 200 day moving average price is $1.23.

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 vaporizables, concentrates, topicals, tinctures and edibles. It also operates retail dispensaries under the Apothecarium and State Flower brand names.

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Earnings History and Estimates for TerrAscend (OTCMKTS:TSNDF)

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