Jushi (OTCMKTS:JUSHF) Upgraded to Hold at Ventum Cap Mkts

Ventum Cap Mkts upgraded shares of Jushi (OTCMKTS:JUSHF) to a hold rating in a report issued on Thursday, Zacks.com reports.

Jushi Stock Performance

Shares of Jushi stock traded down $0.02 on Thursday, reaching $0.54. 165,495 shares of the stock were exchanged, compared to its average volume of 291,251. The firm’s 50 day moving average is $0.58 and its 200-day moving average is $0.66. Jushi has a one year low of $0.35 and a one year high of $1.09. The firm has a market cap of $105.22 million, a PE ratio of -1.56 and a beta of -1.05.

Jushi (OTCMKTS:JUSHF) last issued its quarterly earnings results on Thursday, May 9th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). Jushi had a negative return on equity of 5,529.11% and a negative net margin of 26.80%. The firm had revenue of $65.46 million for the quarter, compared to the consensus estimate of $66.30 million. On average, equities research analysts expect that Jushi will post -0.23 EPS for the current fiscal year.

Jushi Company Profile

Jushi Holdings Inc, a vertically integrated cannabis company, engages in the cultivation, processing, retail, and distribution of medical and adult-use products. It focuses on building a portfolio of cannabis assets in various jurisdictions in Pennsylvania, Virginia, Ohio, Illinois, California, Nevada, and Massachusetts.