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

StockNews.com assumed coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a note issued to investors on Thursday. The firm set a “sell” rating on the stock.

China Jo-Jo Drugstores Stock Performance

NASDAQ:CJJD opened at $1.89 on Thursday. The firm has a 50-day moving average price of $1.98 and a two-hundred day moving average price of $2.00. China Jo-Jo Drugstores has a twelve month low of $1.34 and a twelve month high of $3.59.

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.