TerrAscend (OTCMKTS:TSNDF) Trading Up 4.2% – Here’s What Happened

Posted by Jessica Moore on Aug 29th, 2026

TerrAscend Corp. (OTCMKTS:TSNDF – Get Free Report)’s share price shot up 4.2% during trading on Thursday . The stock traded as high as $0.6351 and last traded at $0.62. 131,810 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 237,137 shares. The stock had previously closed at $0.5951.

TerrAscend Price Performance

The company has a debt-to-equity ratio of 2.37, a quick ratio of 1.20 and a current ratio of 1.83. The firm has a market cap of $209.31 million, a PE ratio of -6.15 and a beta of 1.39. The stock has a 50 day simple moving average of $0.58 and a two-hundred day simple moving average of $0.64.

TerrAscend (OTCMKTS:TSNDF – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.02). TerrAscend had a negative net margin of 31.01% and a negative return on equity of 32.93%. The business had revenue of $67.12 million for the quarter, compared to analysts’ expectations of $66.05 million. Sell-side analysts expect that TerrAscend Corp. will post -0.07 earnings per share for the current year.

About TerrAscend

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TerrAscend is a vertically integrated cannabis company that operates across cultivation, processing and retailing in North America. The company’s business model spans seed-to-sale activities, enabling it to manage quality control, production efficiency and product innovation from its growing facilities through to its distribution networks. TerrAscend serves both adult-use and medical cannabis markets, offering a full suite of cannabis derivatives including dried flower, concentrates, vapes, edibles, tinctures and topicals.

Geographically, TerrAscend maintains operations in key regulated markets.