Ayr Wellness Inc. (OTCMKTS:AYRWF – Get Rating) was the recipient of a giant improve in brief curiosity in April. As of April fifteenth, there was brief curiosity totalling 102,700 shares, a rise of 20.0% from the March thirty first whole of 85,600 shares. Based mostly on a mean each day buying and selling quantity, of 348,100 shares, the short-interest ratio is at present 0.3 days.
Shares of Ayr Wellness stock opened at $7.39 on Tuesday. The inventory’s fifty day shifting common is $11.50 and its two-hundred day shifting common is $14.94. The corporate has a fast ratio of 1.13, a present ratio of 1.75 and a debt-to-equity ratio of 0.37. Ayr Wellness has a 52 week low of $7.03 and a 52 week excessive of $31.87.
Ayr Wellness (OTCMKTS:AYRWF – Get Rating) final issued its earnings outcomes on Thursday, March seventeenth. The corporate reported ($0.27) earnings per share for the quarter, lacking the Thomson Reuters’ consensus estimate of ($0.22) by ($0.05). Ayr Wellness had a unfavorable return on fairness of 6.15% and a unfavorable internet margin of 4.74%. The agency had income of $111.77 million throughout the quarter, in comparison with analysts’ expectations of $105.55 million. As a gaggle, analysis analysts predict that Ayr Wellness will publish -0.89 EPS for the present yr.
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A lot of analysis companies have not too long ago weighed in on AYRWF. Needham & Firm LLC lowered their value goal on Ayr Wellness from $28.00 to $21.00 and set a “purchase” score on the inventory in a analysis report on Friday, March 18th. Cantor Fitzgerald lowered their value goal on Ayr Wellness from $17.50 to $13.30 and set a “impartial” score on the inventory in a report on Friday, March 18th. Canaccord Genuity Group lowered their value goal on Ayr Wellness from C$57.00 to C$40.00 and set a “purchase” score on the inventory in a report on Friday, March 18th. Lastly, Zacks Investment Research raised Ayr Wellness from a “promote” score to a “maintain” score in a report on Tuesday, April twenty sixth. Two analysts have rated the inventory with a maintain score and 5 have given a purchase score to the inventory. In keeping with knowledge from MarketBeat.com, the inventory presently has a mean score of “Purchase” and a mean goal value of $48.55.
About Ayr Wellness (Get Rating)
Ayr Wellness Inc, a vertically-integrated hashish multi-state operator, cultivates, manufactures, and retails hashish merchandise and branded hashish packaged items. The corporate’s hashish and hashish merchandise embrace concentrates, edibles, and vaporizer merchandise. It additionally gives administrative, consulting, and operations help companies to licensed hashish corporations.
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