Jushi (OTCMKTS:JUSHF) Announces Quarterly Earnings Results

Jushi (OTCMKTS:JUSHF) posted its quarterly earnings results on Thursday. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.02), Zacks reports. The firm had revenue of $65.86 million during the quarter, compared to analyst estimates of $64.03 million.

Jushi Trading Down 10.3 %

JUSHF traded down $0.03 during trading on Friday, hitting $0.30. The company’s stock had a trading volume of 102,778 shares, compared to its average volume of 225,958. The business’s fifty day simple moving average is $0.33 and its 200 day simple moving average is $0.40. Jushi has a twelve month low of $0.22 and a twelve month high of $0.92. The firm has a market capitalization of $58.99 million, a price-to-earnings ratio of -1.11 and a beta of -0.83.

Analyst Ratings Changes

Separately, Atb Cap Markets cut Jushi from a “hold” rating to a “strong sell” rating in a research note on Monday, December 9th.

Jushi Company Profile

Jushi Holdings Inc, a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of cannabis for medical and adult-use markets. The company offers flower, extracts, concentrates, edibles, oil, pre-rolls, tinctures, capsules, softgels, cannabis-infused gummies and ultra-premium chocolate, and topicals products, as well as vaporization devices and cartridges under The Bank, The Lab, Nira+ Medicinals, Sèchè, Tasteology, and Hijinks brands.