Jushi Holdings Inc. (OTCMKTS:JUSHF) Given Average Rating of “Hold” by Analysts

Jushi Holdings Inc. (OTCMKTS:JUSHF) has been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $2.35.

JUSHF has been the topic of a number of research reports. ATB Capital initiated coverage on Jushi in a research note on Wednesday, July 5th. They issued a “sector perform” rating on the stock. Atb Cap Markets restated a “sector perform” rating on shares of Jushi in a research note on Tuesday, July 4th.

Jushi Stock Down 5.2 %

Shares of OTCMKTS:JUSHF opened at $0.63 on Friday. The company’s 50-day moving average is $0.45 and its 200 day moving average is $0.51. The company has a debt-to-equity ratio of 9.15, a current ratio of 0.71 and a quick ratio of 0.39. Jushi has a fifty-two week low of $0.35 and a fifty-two week high of $2.34.

Jushi (OTCMKTS:JUSHF) last announced its quarterly earnings data on Friday, August 11th. The company reported ($0.07) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.01. Jushi had a negative return on equity of 308.61% and a negative net margin of 77.33%. The business had revenue of $66.43 million for the quarter, compared to analysts’ expectations of $64.82 million. Equities analysts forecast 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.