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:CJJDGet Free Report) in a research report issued to clients and investors on Saturday. The brokerage set a “sell” rating on the stock.

China Jo-Jo Drugstores Stock Performance

CJJD opened at $2.01 on Friday. The company’s 50-day simple moving average is $2.03 and its two-hundred day simple moving average is $2.14. China Jo-Jo Drugstores has a 52-week low of $1.34 and a 52-week high of $3.59.

About China Jo-Jo Drugstores

(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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