TerrAscend (OTCMKTS:TRSSF) Stock Price Up 8% – What’s Next?

TerrAscend Corp. (OTCMKTS:TRSSFGet Free Report) shares shot up 8% during mid-day trading on Thursday . The stock traded as high as $0.54 and last traded at $0.54. 104,578 shares changed 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 Trading Up 8.0 %

The company has a current ratio of 0.73, a quick ratio of 0.40 and a debt-to-equity ratio of 0.55. The business has a fifty day simple moving average of $0.65 and a 200-day simple moving average of $1.02.

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

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