Jushi (OTCMKTS:JUSHF) Issues Earnings Results

Jushi (OTCMKTS:JUSHF) announced its quarterly earnings data on Tuesday. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.04), Zacks reports.

Jushi Trading Down 3.7%

OTCMKTS JUSHF traded down $0.02 during midday trading on Tuesday, hitting $0.50. The company had a trading volume of 36,421 shares, compared to its average volume of 170,321. Jushi has a twelve month low of $0.27 and a twelve month high of $0.98. The company has a market capitalization of $100.05 million, a PE ratio of -1.43 and a beta of -0.67. The firm has a 50-day moving average price of $0.50 and a 200-day moving average price of $0.54.

Wall Street Analysts Forecast Growth

Separately, ATB Cormark Capital Markets cut 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, According to data from MarketBeat, the company 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.