Jushi (OTCMKTS:JUSHF) Stock Rating Lowered by Atb Cap Markets

Atb Cap Markets cut shares of Jushi (OTCMKTS:JUSHF - Free Report) from a hold rating to a strong sell rating in a research report sent to investors on Monday morning,Zacks.com reports.

Jushi Trading Down 4.3 %

Shares of Jushi stock traded down $0.01 on Monday, hitting $0.32. The stock had a trading volume of 95,545 shares, compared to its average volume of 261,570. Jushi has a 52-week low of $0.22 and a 52-week high of $1.09. The stock has a market cap of $62.08 million, a price-to-earnings ratio of -1.22 and a beta of -1.22. The company's 50 day moving average price is $0.43 and its 200 day moving average price is $0.52.

Jushi (OTCMKTS:JUSHF - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.04). Jushi had a negative net margin of 20.93% and a negative return on equity of 5,529.11%. The firm had revenue of $61.61 million during the quarter, compared to analysts' expectations of $65.53 million. Analysts predict that Jushi will post -0.23 EPS for the current fiscal year.

About Jushi

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.