Ascend Wellness Holdings, Inc. (OTC:AAWH – Get Free Report) shares fell 6.5% on Monday. The company’s stock price fell to a low of $1.00 and last traded at $1.00. In midday trading, 279,172 shares were traded, up 7% from the session average of 260,754 shares. The stock previously closed at $1.07.
Analyst Rating Changes
Meanwhile, Needham & Company LLC reiterated a “hold” rating on shares of Ascend Wellness in a research report on Tuesday, May 7th.
Read the latest stock analysis for AAWH
Ascend Wellness Stock Performance
The company has a debt-to-equity ratio of 2.13, a quick ratio of 1.21 and a current ratio of 2.24. The company has a market capitalization of $212.73 million, a price-to-earnings ratio (PE) of -4.35 and a beta of 1.79. The company’s 50-day moving average price is $1.26 and its 200-day moving average price is $1.29.
About Ascend Wellness
(Get your free report)
Ascend Wellness Holdings, Inc cultivates, manufactures, and distributes 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 following brand names: Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro.
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