StockNews.com Begins Coverage on China Jo-Jo Drugstores (NASDAQ:CJJD)

Equities research analysts at StockNews.com initiated coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a note issued to investors on Wednesday. The firm set a “sell” rating on the stock.

China Jo-Jo Drugstores Stock Performance

Shares of China Jo-Jo Drugstores stock opened at $1.46 on Wednesday. China Jo-Jo Drugstores has a twelve month low of $1.29 and a twelve month high of $3.59. The business has a 50-day moving average price of $1.67 and a 200 day moving average price of $1.83.

China Jo-Jo Drugstores Company Profile

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.