Atb Cap Markets Downgrades Ayr Wellness (OTCMKTS:AYRWF) to Strong Sell

Atb Cap Markets downgraded shares of Ayr Wellness (OTCMKTS:AYRWF) from a hold rating to a strong sell rating in a research report report published on Wednesday,Zacks.com reports.

Other equities analysts also recently issued reports about the company. Roth Capital raised Ayr Wellness to a “strong-buy” rating in a research report on Friday, November 8th. Roth Mkm dropped their target price on Ayr Wellness from $3.50 to $3.00 and set a “buy” rating for the company in a research report on Thursday.

Ayr Wellness Stock Performance

OTCMKTS AYRWF opened at $0.77 on Wednesday. The company has a market cap of $87.90 million, a P/E ratio of -0.35 and a beta of 2.00. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.75 and a quick ratio of 0.67. The stock has a 50-day moving average of $1.82 and a two-hundred day moving average of $1.99. Ayr Wellness has a 1-year low of $0.71 and a 1-year high of $4.09.

Ayr Wellness Company Profile

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.