This Pot Stock Has a Bullish Sentiment Score and is Rising: Should You Drop Jushi Holdings Inc (JUSHF) Tuesday?

Jushi Holdings Inc is a player in the cannabis industry that is higher by 7.89% Tuesday. 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. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With JUSHF Stock Today?

Jushi Holdings Inc (JUSHF) stock is trading at $4.10 as of 3:07 PM on Tuesday, Feb 1, an increase of $0.30, or 7.89% from the previous closing price of $3.80. The stock has traded between $3.65 and $4.13 so far today. Volume today is 291,133 compared to average volume of 368,741. To see InvestorsObserver's Sentiment Score for 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.