Should You Buy Cannabis Stock Jushi Holdings Inc (JUSHF) Wednesday?

JUSHF stock is lower by 1.98% Wednesday as the cannabis stock decreases $0.08 and underperforms the market. The market has been high on Jushi Holdings Inc (JUSHF) stock recently. JUSHF gets a Bullish score 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!

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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. 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 $3.97 as of 2:46 PM on Wednesday, Oct 20, a drop of -$0.08, or -1.98% from the previous closing price of $4.05. The stock has traded between $3.94 and $4.05 so far today. Volume today is low. So far 142,771 shares have traded compared to average volume of 288,666 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.