Ascend Wellness Holdings, Inc. (OTC:AAWH – Get Free Report) fell 4.2% on Tuesday. The company’s shares traded as low as $0.92 and last traded at $0.92. Around 30,797 shares were traded in midday trading, down 87% from the average daily trading volume of 243,373 shares. The stock had previously closed at $0.96.
Analyst Rating Changes
Meanwhile, Needham & Company LLC reaffirmed a “hold” rating on shares of Ascend Wellness in a research note on Tuesday, May 7th.
View the latest stock analysis for AAWH
Ascend Wellness shares fell 4.2%
The company has a debt-to-equity ratio of 2.13, a current ratio of 2.24 and a quick ratio of 1.21. The company has a market capitalization of $195.73 million, a price-to-earnings ratio of -4.00 and a beta of 1.79. The company’s 50-day moving average is $1.14 and its 200-day moving average is $1.25.
Ascend Wellness Company Profile
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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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