Jushi (OTCMKTS:JUSHF – Get Free Report) posted its earnings results on Tuesday. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.04), Zacks reports. The business had revenue of $66.43 million during the quarter, compared to analysts’ expectations of $67.05 million.
Jushi Stock Up 0.2%
OTCMKTS JUSHF opened at $0.50 on Wednesday. The company has a market capitalization of $100.05 million, a P/E ratio of -1.43 and a beta of -0.67. The stock’s 50-day moving average price is $0.50 and its 200-day moving average price is $0.54. Jushi has a 52 week low of $0.27 and a 52 week high of $0.98.
Analyst Ratings Changes
Separately, ATB Cormark Capital Markets lowered Jushi from a “strong-buy” rating to a “moderate buy” rating in a research report on Wednesday, April 1st. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.
Jushi Company Profile
Jushi Holdings Inc is a vertically integrated cannabis company engaged in the cultivation, manufacturing and sale of cannabis products across the United States. The company operates cultivation and processing facilities that support a diversified portfolio of consumer brands, serving both medical and adult-use markets. Through its in-house operations, Jushi produces hand-trimmed flower, pre-rolls, vaporizers, concentrates, edibles and topicals.
Jushi’s brand lineup includes Foray, Levia and Beboe, each designed to address distinct consumer preferences and consumption occasions.
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