Ascend Wellness (AAWH) Stock Price, News & Analysis

Company Overview

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. It also owns, operates, and manages cannabis cultivation facilities and dispensaries. The company sells its products through company-owned retail stores and third-party licensed retail cannabis stores. Ascend Wellness Holdings, Inc. was incorporated in 2018 and is headquartered in New York, New York.

Key Stats

• Today's Range: $0.82 to $0.87
• 50-Day Range: $0.76 to $0.99
• 52-Week Range: $0.71 to $1.82
• Volume: 148,663 shs
• Average Volume: 203,614 shs
• Market Capitalization: $181.41 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Buy

AAWH Stock Analysis - Frequently Asked Questions

How have AAWH shares performed this year?

Ascend Wellness' stock was trading at $1.00 at the beginning of 2024. Since then, AAWH stock has decreased by 15.4% and is now trading at $0.8464.
View the best growth stocks for 2024 here.

How were Ascend Wellness' earnings last quarter?

Ascend Wellness Holdings, Inc. (OTC:AAWH) posted its earnings results on Monday, August, 5th. The company reported ($0.10) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by $0.03. The business earned $141.54 million during the quarter, compared to analyst estimates of $145.48 million. Ascend Wellness had a negative trailing twelve-month return on equity of 50.77% and a negative net margin of 12.48%.

How do I buy shares of Ascend Wellness?

Shares of AAWH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Ascend Wellness own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ascend Wellness investors own include Meta Platforms (META), Advanced Micro Devices (AMD), Taiwan Semiconductor Manufacturing (TSM), NVIDIA (NVDA), Teladoc Health (TDOC), JPMorgan Chase & Co. (JPM) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/05/2024
• Today: 11/04/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTC
• Sector: Medical
• Industry: Medicinals & botanicals
• Sub-Industry: Pharmaceutical Products
• Current Symbol: OTC:AAWH
• CUSIP: N/A
• CIK: N/A
• Web: www.awholdings.com
• Phone: 646-661-7600
• Fax: N/A
• Employees: 2,300
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.33)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-48,210,000.00
• Net Margins: -12.48%
• Pretax Margin: -4.81%
• Return on Equity: -50.77%
• Return on Assets: -7.67%

Debt

• Debt-to-Equity Ratio: 2.46
• Current Ratio: 2.29
• Quick Ratio: 1.29

Sales & Book Value

• Annual Sales: $518.59 million
• Price / Sales: 0.35
• Cash Flow: $0.06 per share
• Price / Cash Flow: 14.84
• Book Value: $0.69 per share
• Price / Book: 1.24

Miscellaneous

• Outstanding Shares: 214,330,000
• Free Float: 166,364,000
• Market Cap: $183.90 million
• Optionable: Not Optionable
• Beta: 1.68