Jushi (OTCMKTS:JUSHF) Trading Down 2.4% – Here’s What Happened

Jushi Holdings Inc. (OTCMKTS:JUSHF)’s stock price was down 2.4% during trading on Monday . The company traded as low as $0.27 and last traded at $0.29. Approximately 59,885 shares changed hands during trading, a decline of 76% from the average daily volume of 247,715 shares. The stock had previously closed at $0.29.

Jushi Price Performance

The company has a 50-day moving average price of $0.31 and a 200 day moving average price of $0.35. The firm has a market capitalization of $58.99 million, a PE ratio of -1.11 and a beta of -0.62.

Jushi (OTCMKTS:JUSHF) last posted its quarterly earnings results on Wednesday, March 12th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.02). The business had revenue of $65.86 million during the quarter, compared to analyst estimates of $64.03 million. As a group, research analysts anticipate that Jushi Holdings Inc. will post -0.23 earnings per share for the current 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.