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

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

OTCMKTS:AYRWF traded down $0.08 during trading hours on Thursday, reaching $0.78. The company had a trading volume of 279,039 shares, compared to its average volume of 651,722. The company has a current ratio of 1.75, a quick ratio of 0.67 and a debt-to-equity ratio of 0.70. Ayr Wellness has a 52 week low of $0.71 and a 52 week high of $4.09. The firm’s 50 day moving average price is $1.84 and its 200-day moving average price is $2.01.

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.