Jushi (OTCMKTS:JUSHF – Get Free Report) released its quarterly earnings data on Tuesday. The company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.02, Zacks reports.
Jushi Trading Down 6.2%
Shares of OTCMKTS:JUSHF traded down $0.03 during midday trading on Tuesday, reaching $0.39. 79,992 shares of the company were exchanged, compared to its average volume of 157,516. The stock has a market cap of $77.04 million, a PE ratio of -1.07 and a beta of -0.70. The business’s fifty day moving average is $0.47 and its two-hundred day moving average is $0.50. Jushi has a one year low of $0.35 and a one year high of $0.98.
Analyst Upgrades and Downgrades
Separately, ATB Cormark Capital Markets downgraded Jushi from a “strong-buy” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Jushi 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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