Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Ayr Wellness Stock a Buy Now?

TheMotleyFool

0 0

Shares of multi-state operator Ayr Wellness (OTC: AYRW.F) have fallen by 66% over the past year, performing only slightly worse than the Horizons Marijuana Life Sciences ETF, which has declined by 58%. The cannabis stock has hit a new 52-week low in the process.

The good news is that Ayr Wellness released a strong fourth-quarter earnings report this month, which should at least give investors some hope that the business is going in the right direction. Is the stock due for a rally, and could now be the time to buy before the share price takes off?

Image source: Getty Images.

Source Fool.com

Like: 0

AYRW.F

Share