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Pot Stock Rising With Bullish Sentiment Monday: Should You Add Jushi Holdings Inc (JUSHF) To Your Portfolio?

Monday, March 18, 2024 01:31 PM | InvestorsObserver Analysts

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Pot Stock Rising With Bullish Sentiment Monday: Should You Add Jushi Holdings Inc (JUSHF) To Your Portfolio?

Jushi Holdings Inc (JUSHF) stock is higher by 4.33% Monday as the pot stock increases $0.03 and outperforms the market. The market has been high on Jushi Holdings Inc (JUSHF) stock recently. JUSHF gets a Bullish score from InvestorsObserver Stock 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?

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. 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 $0.74 as of 1:15 PM on Monday, Mar 18, a gain of $0.03, or 4.33% from the previous closing price of $0.71. The stock has traded between $0.71 and $0.75 so far today. Volume today is low. So far 222,303 shares have traded compared to average volume of 383,460 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.

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