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Investors Are Bullish On This Cannabis Stock: Should You Hold Jushi Holdings Inc (JUSHF) Wednesday?

Wednesday, April 13, 2022 02:56 PM | InvestorsObserver Analysts

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Investors Are Bullish On This Cannabis Stock: Should You Hold Jushi Holdings Inc (JUSHF) Wednesday?

JUSHF stock is higher by 1.31% Wednesday as the cannabis stock increases $0.04 and outperforms the market. Jushi Holdings Inc (JUSHF) stock is higher by 6.55% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
Jushi Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JUSHF!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With JUSHF Stock Today?

Jushi Holdings Inc (JUSHF) stock is trading at $3.09 as of 2:39 PM on Wednesday, Apr 13, a rise of $0.04, or 1.31% from the previous closing price of $3.05. The stock has traded between $2.97 and $3.10 so far today. Volume today is light. So far 116,667 shares have traded compared to average volume of 242,839 shares. To screen for more stocks like Jushi Holdings Inc click here.

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.

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