Jushi (OTCMKTS:JUSHF) Shares Down 13.4% – Should You Sell?

Jushi Holdings Inc. (OTCMKTS:JUSHF) shares traded down 13.4% on Tuesday . The company traded as low as $0.41 and last traded at $0.41. 106,059 shares changed hands during trading, a decline of 14% from the average session volume of 123,639 shares. The stock had previously closed at $0.47.

Jushi Price Performance

The firm’s fifty day moving average is $0.33 and its two-hundred day moving average is $0.32. The firm has a market capitalization of $80.01 million, a PE ratio of -1.70 and a beta of -1.06.

Jushi (OTCMKTS:JUSHF) last released its earnings results on Thursday, May 8th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.03). The firm had revenue of $63.85 million during the quarter, compared to the consensus estimate of $66.23 million. As a group, equities research analysts predict that Jushi Holdings Inc. 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 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.