Roth Mkm Has Lowered Expectations for Ayr Wellness (OTCMKTS:AYRWF) Stock Price

Ayr Wellness (OTCMKTS:AYRWF) had its target price cut by Roth Mkm from $3.50 to $3.00 in a research note released on Thursday,Benzinga reports. They currently have a buy rating on the stock.

Separately, Roth Capital raised Ayr Wellness to a “strong-buy” rating in a research report on Friday, November 8th.

Ayr Wellness Price Performance

AYRWF opened at $0.77 on Thursday. The company has a market capitalization of $87.90 million, a price-to-earnings ratio of -0.35 and a beta of 2.00. The company has a current ratio of 1.59, a quick ratio of 0.67 and a debt-to-equity ratio of 0.76. Ayr Wellness has a 12-month low of $0.71 and a 12-month high of $4.09. The business’s fifty day simple moving average is $1.82 and its 200-day simple moving average is $1.98.

About Ayr Wellness

Ayr Wellness Inc operates as a vertically-integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. It owns and operates a chain of cannabis retail stores under AYR, Liberty Health Sciences, and The Dispensary brand names.