Jushi (OTCMKTS:JUSHF) Downgraded by Atb Cap Markets to “Strong Sell”

Atb Cap Markets lowered shares of Jushi (OTCMKTS:JUSHF) from a hold rating to a strong sell rating in a report released on Monday,Zacks.com reports.

Jushi Stock Down 7.6 %

OTCMKTS:JUSHF opened at $0.29 on Monday. The company has a market cap of $57.34 million, a PE ratio of -1.17 and a beta of -1.22. The business’s 50 day moving average is $0.43 and its two-hundred day moving average is $0.52. Jushi has a 52 week low of $0.22 and a 52 week high of $1.09.

Jushi (OTCMKTS:JUSHF) last released its earnings results on Thursday, November 7th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.04). Jushi had a negative net margin of 20.93% and a negative return on equity of 5,529.11%. The business had revenue of $61.61 million for the quarter, compared to the consensus estimate of $65.53 million. As a group, sell-side 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 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.