Jushi (OTCMKTS:JUSHF) Issues Earnings Results

Jushi (OTCMKTS:JUSHF) posted its quarterly earnings results on Tuesday. The company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.02, Zacks reports. The firm had revenue of $71.30 million for the quarter, compared to analysts’ expectations of $67.47 million.

Jushi Stock Performance

Shares of JUSHF opened at $0.38 on Thursday. The business’s 50-day moving average is $0.46 and its two-hundred day moving average is $0.50. The company has a market capitalization of $75.89 million, a P/E ratio of -1.12 and a beta of -0.70. Jushi has a fifty-two week low of $0.35 and a fifty-two week high of $0.98.

Analyst Ratings Changes

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