Ayr Wellness (OTCMKTS:AYRWF) Issues Earnings Results, Beats Expectations By $0.07 EPS

Ayr Wellness (OTCMKTS:AYRWFGet Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.24) EPS for the quarter, topping analysts’ consensus estimates of ($0.31) by $0.07, reports. The firm had revenue of $114.39 million during the quarter, compared to analysts’ expectations of $120.20 million. Ayr Wellness had a negative return on equity of 12.36% and a negative net margin of 89.49%.

Ayr Wellness Price Performance

Ayr Wellness stock traded up $0.16 during midday trading on Friday, reaching $2.15. 336,745 shares of the company were exchanged, compared to its average volume of 268,142. The company has a market capitalization of $164.43 million, a price-to-earnings ratio of -0.35 and a beta of 2.35. The firm’s 50-day simple moving average is $2.01 and its 200-day simple moving average is $1.38. Ayr Wellness has a 1 year low of $0.57 and a 1 year high of $3.44. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.36 and a current ratio of 0.81.

About Ayr Wellness

(Get Free Report)

Ayr Wellness Inc operates as a vertically-integrated cannabis multi-state 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.

Further Reading

Earnings History for Ayr Wellness (OTCMKTS:AYRWF)

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