China Jo-Jo Drugstores (NASDAQ:CJJD) Coverage Initiated at StockNews.com

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

China Jo-Jo Drugstores Stock Up 5.2 %

China Jo-Jo Drugstores stock opened at $2.60 on Monday. China Jo-Jo Drugstores has a one year low of $1.56 and a one year high of $8.86. The business’s fifty day moving average is $2.94 and its 200 day moving average is $3.67.

About China Jo-Jo Drugstores

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.