Ascend Wellness (OTC:AAWH) Shares Down 6.5% – Defense World

Ascend Wellness Holdings, Inc. (OTC:AAWHGet Free Report)’s share price traded down 6.5% on Monday . The company traded as low as $1.00 and last traded at $1.00. 279,172 shares traded hands during mid-day trading, an increase of 7% from the average session volume of 260,754 shares. The stock had previously closed at $1.07.

Analyst Ratings Changes

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

Read Our Latest Stock Analysis on 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 firm has a market cap of $212.73 million, a PE ratio of -4.35 and a beta of 1.79. The firm’s 50 day moving average price is $1.26 and its two-hundred day moving average price is $1.29. About Ascend Wellness

(Get Free Report)

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,

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