Ayr Wellness (OTCMKTS:AYRWF) Rating Lowered to “Strong Sell” at Atb Cap Markets

Ayr Wellness (OTCMKTS:AYRWF) was downgraded by investment analysts at Atb Cap Markets from a “hold” rating to a “strong sell” rating in a research note issued to investors on Wednesday,Zacks.com reports.

AYRWF has been the subject of a number of other research reports. Roth Capital raised shares of Ayr Wellness to a “strong-buy” rating in a report on Friday, November 8th. Roth Mkm dropped their target price on shares of 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

Shares of AYRWF stock opened at $0.78 on Wednesday. The company has a market capitalization of $89.04 million, a price-to-earnings ratio of -0.38 and a beta of 2.00. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.67 and a current ratio of 1.75. The company has a 50-day simple moving average of $1.86 and a 200 day simple moving average of $2.02. Ayr Wellness has a 52 week low of $0.71 and a 52 week 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.