Shares of Ayr Wellness Inc. (OTCMKTS:AYRWF – Get Rating) have been assigned an average recommendation of "Moderate Buy" from the eight research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $22.05.
Several equities research analysts have issued reports on AYRWF shares. Cantor Fitzgerald lowered their price target on shares of Ayr Wellness from $4.65 to $4.25 and set a "neutral" rating on the stock in a research note on Friday, November 11th. BTIG Research started coverage on shares of Ayr Wellness in a research note on Friday, October 28th. They issued a "buy" rating on the stock. Finally, Atb Cap Markets reiterated an "outperform" rating on shares of Ayr Wellness in a research note on Friday, September 30th.
Get Ayr Wellness alerts:Ayr Wellness Trading Down 0.8 %
AYRWF opened at $1.21 on Friday. The stock has a market capitalization of $83.66 million and a P/E ratio of -1.44. Ayr Wellness has a 12 month low of $1.19 and a 12 month high of $18.44. The firm's fifty day simple moving average is $2.04 and its 200 day simple moving average is $3.41. The company has a current ratio of 0.99, a quick ratio of 0.51 and a debt-to-equity ratio of 0.45.
Ayr Wellness (OTCMKTS:AYRWF – Get Rating) last posted its quarterly earnings data on Thursday, November 10th. The company reported ($0.52) EPS for the quarter, missing the consensus estimate of ($0.43) by ($0.09). The company had revenue of $119.64 million during the quarter, compared to the consensus estimate of $118.98 million. Ayr Wellness had a negative net margin of 13.16% and a negative return on equity of 11.20%. As a group, research analysts anticipate that Ayr Wellness will post -1.43 EPS for the current fiscal year.About Ayr Wellness
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Ayr Wellness Inc, a vertically-integrated cannabis multi-state operator, cultivates, manufactures, and retails cannabis products and branded cannabis packaged goods. The company's cannabis and cannabis products include concentrates, edibles, and vaporizers. It also provides administrative, consulting, and operations support services to licensed cannabis companies.
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