Free Trial

Jushi (OTCMKTS:JUSHF) Trading 2% Higher - Still a Buy?

Jushi logo with Medical background

Jushi Holdings Inc. (OTCMKTS:JUSHF - Get Free Report)'s stock price shot up 2% during mid-day trading on Wednesday . The company traded as high as $0.53 and last traded at $0.48. 182,697 shares were traded during mid-day trading, a decline of 29% from the average session volume of 257,055 shares. The stock had previously closed at $0.47.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts raised Jushi to a "hold" rating in a research report on Thursday, August 8th.

Read Our Latest Stock Report on JUSHF

Jushi Price Performance

The stock has a market capitalization of $90.45 million, a PE ratio of -1.33 and a beta of -1.07. The stock has a 50 day moving average of $0.52 and a two-hundred day moving average of $0.58.

Jushi (OTCMKTS:JUSHF - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.05. The company had revenue of $64.60 million for the quarter, compared to the consensus estimate of $67.15 million. Jushi had a negative return on equity of 5,529.11% and a negative net margin of 22.39%. As a group, research analysts predict that Jushi Holdings Inc. will post -0.18 earnings per share for the current fiscal year.

Jushi Company Profile

(Get Free Report)

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.

Further Reading

Should you invest $1,000 in Jushi right now?

Before you consider Jushi, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Jushi wasn't on the list.

While Jushi currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

These Top Stocks in 2024 Will Continue to be Big Winners in 2025
’Best Report in 2 Years’: NVIDIA Earnings Crushes Expectations Again
Palantir and the NASDAQ 100: What’s the Next Big Stock Swing for This AI Giant?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines