Investors Are Bearish On This Pot Stock: Should You Add Jushi Holdings Inc (JUSHF) Wednesday?

Jushi Holdings Inc is a player in the cannabis industry that is higher by 0.26% Wednesday. Jushi Holdings Inc (JUSHF) stock has fallen 13.51% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

Jushi Holdings Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on JUSHF!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With JUSHF Stock Today?

Jushi Holdings Inc (JUSHF) stock is trading at $3.84 as of 1:54 PM on Wednesday, Feb 23, an increase of $0.01, or 0.26% from the previous closing price of $3.83. The stock has traded between $3.69 and $3.99 so far today. Volume today is light. So far 56,565 shares have traded compared to average volume of 371,459 shares.

More About Jushi Holdings Inc

Jushi Holdings Inc. is a vertically integrated cannabis company led by an industry leading management team. In the United States, Jushi is focused on building a multi-state portfolio of branded cannabis assets engaged in retail, distribution, cultivation, and processing operations through opportunistic acquisitions, distressed work-outs and competitive applications. Jushi strives to maximize shareholder value while delivering high-quality products across all levels of the cannabis ecosystem. The Company has targeted assets in highly populated, limited licensed medical markets with a trajectory toward adult-use legalization and limited license, fast-growing, large adult-use markets. Operating under the Jushi umbrella is the BEYOND / HELLO(TM) retail brand of cannabis dispensaries. Click Here to get the full Stock Report for Jushi Holdings Inc stock.