TerrAscend (OTCMKTS:TSNDF) Downgraded by Atb Cap Markets to Hold

TerrAscend (OTCMKTS:TSNDF) was downgraded by analysts at Atb Cap Markets from a “strong-buy” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

TerrAscend Stock Down 1.4 %

Shares of OTCMKTS:TSNDF opened at $0.75 on Monday. The firm has a 50 day moving average of $0.99 and a 200-day moving average of $1.23. TerrAscend has a 12 month low of $0.66 and a 12 month high of $2.45. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.69 and a current ratio of 1.35.

TerrAscend Company Profile

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.