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

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

AYRWF has been the subject of several other research reports. Roth Mkm cut their price target on Ayr Wellness from $3.50 to $3.00 and set a “buy” rating for the company in a research note on Thursday. Roth Capital upgraded Ayr Wellness to a “strong-buy” rating in a research note on Friday, November 8th.

Ayr Wellness Price Performance

Ayr Wellness stock opened at $0.77 on Wednesday. Ayr Wellness has a 12 month low of $0.71 and a 12 month high of $4.09. 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 business has a 50 day simple moving average of $1.82 and a 200-day simple moving average of $1.99. The stock has a market capitalization of $87.90 million, a PE ratio of -0.35 and a beta of 2.00.

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.