Ascend Wellness Holdings, Inc. (OTC:AAWH – Get Rating) – Research analysts at Cormark cut their FY2023 earnings estimates for Ascend Wellness in a research report issued to clients and investors on Tuesday, May 16th. Cormark analyst J. Pytlak now anticipates that the company will post earnings of ($0.35) per share for the year, down from their prior estimate of ($0.16). The consensus estimate for Ascend Wellness’ current full-year earnings is ($0.15) per share. Cormark also issued estimates for Ascend Wellness’ FY2024 earnings at ($0.21) EPS.
Several other research analysts have also recently commented on the stock. Cantor Fitzgerald started coverage on shares of Ascend Wellness in a report on Friday, February 10th. They set a “neutral” rating for the company. Needham & Company LLC cut shares of Ascend Wellness from a “buy” rating to a “hold” rating in a report on Friday.
Ascend Wellness Trading Up 2.1 %
Shares of AAWH stock opened at $0.88 on Friday. The company has a debt-to-equity ratio of 2.16, a quick ratio of 0.96 and a current ratio of 1.86. The company has a 50 day moving average price of $0.97 and a 200 day moving average price of $1.33. Ascend Wellness has a fifty-two week