Jushi (OTCMKTS:JUSHF – Get Free Report) was downgraded by investment analysts at ATB Cormark Capital Markets from a “strong-buy” rating to a “moderate buy” rating in a research note issued on Wednesday,Zacks.com reports.
Jushi Trading Up 2.7%
Shares of JUSHF stock opened at $0.52 on Wednesday. The stock has a market cap of $102.16 million, a price-to-earnings ratio of -1.48 and a beta of -0.91. The stock has a 50-day moving average of $0.51 and a 200-day moving average of $0.58. Jushi has a 1-year low of $0.23 and a 1-year high of $0.98.
Jushi (OTCMKTS:JUSHF – Get Free Report) last posted its quarterly earnings data on Tuesday, March 31st. The company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.02). The company had revenue of $68.34 million during the quarter, compared to the consensus estimate of $67.50 million. Sell-side analysts forecast that Jushi will post -0.23 earnings per share for the current year.
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.
Further Reading
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