Jushi (OTCMKTS:JUSHF) Issues Quarterly Earnings Results

Jushi (OTCMKTS:JUSHF) released its earnings results on Tuesday. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.04), Zacks reports.

Jushi Stock Performance

Shares of JUSHF traded down $0.02 during mid-day trading on Tuesday, hitting $0.50. 36,421 shares of the company traded hands, compared to its average volume of 170,321. The stock has a 50-day moving average price of $0.50 and a two-hundred day moving average price of $0.54. Jushi has a 1 year low of $0.27 and a 1 year high of $0.98. The stock has a market cap of $100.05 million, a price-to-earnings ratio of -1.43 and a beta of -0.67.

Analyst Ratings Changes

Separately, ATB Cormark Capital Markets downgraded Jushi from a “strong-buy” rating to a “moderate buy” rating in a report on Wednesday, April 1st. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

About Jushi

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.