Ayr Wellness (CVE:AYR) Downgraded to Strong Sell Rating by Atb Cap Markets

Ayr Wellness (CVE:AYR) was downgraded by equities research analysts at Atb Cap Markets from a “hold” rating to a “strong sell” rating in a note issued to investors on Wednesday,Zacks.com reports.

AYR has been the subject of a number of other reports. Ventum Cap Mkts upgraded shares of Ayr Wellness to a “strong-buy” rating in a research note on Wednesday, August 7th. Roth Capital raised shares of Ayr Wellness to a “strong-buy” rating in a research report on Friday, November 8th.

Ayr Wellness Price Performance

Insider Activity

In related news, Senior Officer Jr. Mendola Robert James sold 19,163 shares of the stock in a transaction on Monday, September 9th. The stock was sold at an average price of C$2.82, for a total value of C$54,039.66. Also, insider Millstreet Credit Fund LP purchased 1,170,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was acquired at an average cost of C$1.09 per share, for a total transaction of C$1,273,718.16.

Ayr Wellness Company Profile

Aircastle Ltd. engages in the lease, finance, sale, and management of commercial flight equipment. It employs a balanced approach to investment and capitalization. The company was founded on October 29, 2004 and is headquartered in Stamford, CT.