Q1 2024 Earnings Estimate for Ascend Wellness Holdings, Inc. (OTC:AAWH) Issued By Seaport Res Ptn

Ascend Wellness Holdings, Inc. (OTC:AAWH) – Equities research analysts at Seaport Res Ptn raised their Q1 2024 earnings estimates for Ascend Wellness in a research report issued on Sunday, April 14th. Seaport Res Ptn analyst S. Randhawa now forecasts that the company will post earnings of ($0.06) per share for the quarter, up from their prior estimate of ($0.07). The consensus estimate for Ascend Wellness’ current full-year earnings is ($0.15) per share.

Ascend Wellness Stock Performance

Shares of AAWH opened at $1.30 on Wednesday. Ascend Wellness has a 1 year low of $0.46 and a 1 year high of $1.82. The company has a market cap of $268.70 million, a price-to-earnings ratio of -5.42 and a beta of 2.10. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.44 and a current ratio of 2.47. The firm has a fifty day moving average of $1.36 and a 200-day moving average of $1.23.

About Ascend Wellness

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.