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Why Jushi Holdings Shares Are Under Pressure

Why Jushi Holdings Shares Are Under Pressure

Jushi Holdings ( (TSE:JUSH) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.

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Jushi Holdings’ stock has been under pressure due to weak financial performance and high leverage, despite the company’s efforts to strengthen its financial position by modifying its loan with FVCBank. The stock has been rated as Hold, as negative profitability and regulatory uncertainties continue to overshadow positive revenue growth and operational improvements.

More about Jushi Holdings

YTD Price Performance: 97.87%

Average Trading Volume: 133,150

Technical Sentiment Signal: Buy

Current Market Cap: C$182.9M

For further insights into JUSH stock on TipRanks’ Stock Analysis page.

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