Ascend Wellness (OTC:AAWH) Stock Rating Reaffirmed by Needham & Company LLC

Needham & Company LLC reissued their hold rating on shares of Ascend Wellness (OTC:AAWH) in a report published on Tuesday morning, Benzinga reports.

Ascend Wellness Trading Up 3.5 %

Shares of AAWH stock opened at $1.32 on Tuesday. Ascend Wellness has a fifty-two week low of $0.46 and a fifty-two week high of $1.82. The stock has a market cap of $272.83 million, a P/E ratio of -5.50 and a beta of 1.95. The business has a fifty day simple moving average of $1.27 and a 200-day simple moving average of $1.27. The company has a quick ratio of 1.44, a current ratio of 2.47 and a debt-to-equity ratio of 2.08.

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.