China Jo-Jo Drugstores (NASDAQ:CJJD) Now Covered by Analysts at StockNews.com

StockNews.com initiated coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJDFree Report) in a research report report published on Friday. The brokerage issued a sell rating on the stock.

China Jo-Jo Drugstores Price Performance

China Jo-Jo Drugstores stock opened at $3.00 on Friday. The firm has a 50-day moving average price of $3.45 and a two-hundred day moving average price of $3.90. China Jo-Jo Drugstores has a 52-week low of $1.56 and a 52-week high of $47.90.

Institutional Trading of China Jo-Jo Drugstores

An institutional investor recently bought a new position in China Jo-Jo Drugstores stock. Jane Street Group LLC purchased a new position in shares of China Jo-Jo Drugstores, Inc. (NASDAQ:CJJDFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 31,451 shares of the company’s stock, valued at approximately $112,000. Jane Street Group LLC owned approximately 0.59% of China Jo-Jo Drugstores at the end of the most recent quarter. 45.26% of the stock is currently owned by hedge funds and other institutional investors.

China Jo-Jo Drugstores Company Profile

(Get Free Report)

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.

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