Ayr Wellness (OTCMKTS:AYRWF) Shares Up 4.8%

Ayr Wellness Inc. (OTCMKTS:AYRWF - Get Free Report)'s stock price shot up 4.8% on Monday . The company traded as high as $2.43 and last traded at $2.42. 148,638 shares changed hands during mid-day trading, a decline of 60% from the average session volume of 367,836 shares. The stock had previously closed at $2.31.

Ayr Wellness Stock Performance

The firm's 50 day moving average is $2.39 and its two-hundred day moving average is $2.28. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.43 and a current ratio of 0.96.

Ayr Wellness (OTCMKTS:AYRWF - Get Free Report) last posted its earnings results on Wednesday, March 13th. The company reported ($0.36) earnings per share for the quarter, missing the consensus estimate of ($0.26) by ($0.10). Ayr Wellness had a negative return on equity of 14.13% and a negative net margin of 58.68%. The firm had revenue of $114.84 million during the quarter, compared to analyst estimates of $114.95 million. Analysts expect that Ayr Wellness Inc. will post -0.62 EPS for the current fiscal year.

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.