China Jo-Jo Drugstores (NASDAQ:CJJD) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a report issued on Tuesday. The brokerage set a “sell” rating on the stock.

China Jo-Jo Drugstores Price Performance

Shares of NASDAQ:CJJD opened at $1.62 on Tuesday. China Jo-Jo Drugstores has a 52-week low of $1.34 and a 52-week high of $3.59. The stock’s 50-day simple moving average is $2.14 and its two-hundred day simple moving average is $2.68.

About China Jo-Jo Drugstores

China Jo-Jo Drugstores, Inc, together with its subsidiaries, operates as a retailer and distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company operates through four segments: Retail Drugstores, Online Pharmacy, Drug Wholesale, and Herb Farming.