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TerrAscend (OTCMKTS:TRSSF) Stock Price Up 8% - Should You Buy?

TerrAscend logo with Medical background

TerrAscend Corp. (OTCMKTS:TRSSF - Get Free Report)'s share price shot up 8% during trading on Thursday . The stock traded as high as $0.54 and last traded at $0.54. 104,578 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 131,026 shares. The stock had previously closed at $0.50.

TerrAscend Stock Performance

The company has a quick ratio of 0.40, a current ratio of 0.73 and a debt-to-equity ratio of 0.55. The stock has a fifty day moving average price of $0.65 and a two-hundred day moving average price of $1.01.

About TerrAscend

(Get Free Report)

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 cannabis-infused artisan edibles. It also operates retail dispensaries under the Apothecarium brand name in California, Pennsylvania, and New Jersey.

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