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

Equities researchers at StockNews.com assumed coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a research report issued on Sunday. The firm set a “sell” rating on the stock.

China Jo-Jo Drugstores Stock Up 1.5 %

NASDAQ:CJJD opened at $2.04 on Friday. China Jo-Jo Drugstores has a 52-week low of $1.34 and a 52-week high of $3.59. The business’s 50-day moving average price is $2.06 and its 200 day moving average price is $2.11.

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.