Jushi (OTCMKTS:JUSHF) Trading 0.9% Higher

Jushi Holdings Inc. (OTCMKTS:JUSHF) shares shot up 0.9% during mid-day trading on Thursday . The company traded as high as $0.69 and last traded at $0.66. 109,987 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 329,324 shares. The stock had previously closed at $0.66.

Jushi Trading Down 15.6 %

The company has a debt-to-equity ratio of 29.29, a quick ratio of 0.28 and a current ratio of 0.51. The firm has a 50 day simple moving average of $0.64 and a two-hundred day simple moving average of $0.66.

Jushi (OTCMKTS:JUSHF) last issued its quarterly earnings data on Thursday, May 9th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.03). Jushi had a negative net margin of 26.80% and a negative return on equity of 5,529.11%. The company had revenue of $65.46 million for the quarter, compared to the consensus estimate of $66.30 million. As a group, sell-side analysts forecast that Jushi Holdings Inc. will post -0.22 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 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.