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

Ayr Wellness (OTCMKTS:AYRWF) had its target price trimmed by Roth Mkm from $3.50 to $3.00 in a report released on Thursday,Benzinga reports. The firm currently has 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 Stock Down 9.3 %

OTCMKTS:AYRWF traded down $0.08 during trading hours on Thursday, reaching $0.78. 279,039 shares of the stock were exchanged, compared to its average volume of 651,722. The company has a quick ratio of 0.67, a current ratio of 1.75 and a debt-to-equity ratio of 0.70. The business has a 50-day moving average of $1.84 and a two-hundred day moving average of $2.01. Ayr Wellness has a twelve month low of $0.71 and a twelve month high of $4.09.

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.