TerrAscend Corp. (OTCMKTS:TSNDF - Get Free Report) was up 9.2% on Wednesday . The company traded as high as $0.67 and last traded at $0.65. Approximately 849,415 shares traded hands during trading, an increase of 150% from the average daily volume of 340,027 shares. The stock had previously closed at $0.60.
Analysts Set New Price Targets
Separately, Atb Cap Markets downgraded shares of TerrAscend from a "strong-buy" rating to a "hold" rating in a research note on Monday, December 9th.
Get Our Latest Analysis on TerrAscend
TerrAscend Stock Performance
The company has a current ratio of 1.35, a quick ratio of 0.69 and a debt-to-equity ratio of 0.81. The firm has a fifty day simple moving average of $0.79 and a 200-day simple moving average of $1.13.
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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