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

Equities research analysts at StockNews.com began coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a report released on Monday. The brokerage set a “sell” rating on the stock.

China Jo-Jo Drugstores Price Performance

Shares of NASDAQ:CJJD opened at $1.80 on Monday. China Jo-Jo Drugstores has a 1 year low of $1.34 and a 1 year high of $3.59. The company’s 50 day simple moving average is $2.03 and its 200 day simple moving average is $2.07.

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.