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

Ayr Wellness logo with Medical background

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

Separately, Roth Capital upgraded Ayr Wellness to a "strong-buy" rating in a research note on Friday, November 8th.

Get Our Latest Report on AYRWF

Ayr Wellness Price Performance

AYRWF stock traded down $0.08 during mid-day trading on Thursday, hitting $0.78. 279,039 shares of the stock were exchanged, compared to its average volume of 292,315. 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 market capitalization of $89.04 million, a price-to-earnings ratio of -0.42 and a beta of 2.00. The business has a fifty day moving average price of $1.86 and a 200 day moving average price of $2.02. Ayr Wellness has a 12 month low of $0.71 and a 12 month high of $4.09.

Ayr Wellness Company Profile

(Get Free Report)

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.

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