Jushi Holdings Inc (JUSHF) is a player in the cannabis industry that is higher by 1.45% Friday. Overall market sentiment has been high on Jushi Holdings Inc (JUSHF) stock lately. JUSHF receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Jushi Holdings Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on JUSHF!
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.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With JUSHF Stock Today?
Jushi Holdings Inc (JUSHF) stock is trading at $0.87 as of 1:22 PM on Friday, Sep 29, a gain of $0.01, or 1.45% from the previous closing price of $0.86. The stock has traded between $0.85 and $0.94 so far today. Volume today is light. So far 188,169 shares have traded compared to average volume of 327,982 shares.
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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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