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

Atb Cap Markets downgraded shares of TerrAscend (OTCMKTS:TSNDF) from a strong-buy rating to a hold rating in a research note published on Monday morning,Zacks.com reports. Atb Cap Markets also issued estimates for TerrAscend’s FY2025 earnings at ($0.13) EPS.

TerrAscend Trading Down 8.9 %

Shares of OTCMKTS:TSNDF opened at $0.68 on Monday. The business’s 50 day moving average price is $0.97 and its 200-day moving average price is $1.22. TerrAscend has a 1 year low of $0.66 and a 1 year high of $2.45. The company has a current ratio of 1.35, a quick ratio of 0.69 and a debt-to-equity ratio of 0.81.

About TerrAscend

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.