Roth Mkm Cuts Ayr Wellness (OTCMKTS:AYRWF) Price Target to $3.00

Ayr Wellness (OTCMKTS:AYRWF) had its price objective lowered by Roth Mkm from $3.50 to $3.00 in a report published on Thursday morning,Benzinga reports. Roth Mkm currently has a buy rating on the stock.

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

Ayr Wellness Trading Down 1.3 %

Shares of AYRWF opened at $0.77 on Thursday. Ayr Wellness has a fifty-two week low of $0.71 and a fifty-two week high of $4.09. The firm has a market cap of $87.90 million, a price-to-earnings ratio of -0.35 and a beta of 2.00. The firm has a 50 day moving average price of $1.82 and a 200-day moving average price of $1.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.67 and a current ratio of 1.75.

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.