Ascend Wellness (OTC:AAWH) Shares Down 4.2%

Ascend Wellness Holdings, Inc. (OTC:AAWH)’s stock price traded down 4.2% during trading on Tuesday . The stock traded as low as $0.92 and last traded at $0.92. 30,797 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 243,373 shares. The stock had previously closed at $0.96.

Wall Street Analysts Forecast Growth

Separately, Needham & Company LLC reissued a “hold” rating on shares of Ascend Wellness in a research report on Tuesday, May 7th.

Ascend Wellness Stock Up 3.2 %

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 business’s 50 day simple moving average is $1.14 and its 200 day simple moving average is $1.25.

Ascend Wellness Company Profile

Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of 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 Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.