TerrAscend (OTCMKTS:TRSSF) Stock Price Down 4% – Time to Sell?

by · The Markets Daily

Shares of TerrAscend Corp. (OTCMKTS:TRSSF – Get Free Report) fell 4% during trading on Tuesday . The company traded as low as $0.6105 and last traded at $0.65. Approximately 186,096 shares were traded during trading, an increase of 42% from the average daily volume of 131,026 shares. The stock had previously closed at $0.6770.

TerrAscend Stock Performance

The stock has a market cap of $163.71 million, a price-to-earnings ratio of -4.64 and a beta of 2.89. The company’s fifty day simple moving average is $0.58 and its two-hundred day simple moving average is $0.64. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.73 and a quick ratio of 0.40.

TerrAscend Company Profile

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TerrAscend Corp. is a vertically integrated cannabis company operating across key markets in the United States and Canada. The company holds cultivation, processing and retail licenses in several U.S. jurisdictions—including Pennsylvania, New Jersey and California—while its Canadian operations serve both medical and adult-use markets through provincial distribution channels. TerrAscend’s business model spans the full value chain from cultivation and extraction to manufacturing and retail.

In its U.S.

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