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

StockNews.com began coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a report released on Wednesday. The firm set a “sell” rating on the stock.

China Jo-Jo Drugstores Trading Up 3.4 %

CJJD opened at $1.83 on Wednesday. The stock has a 50-day moving average price of $2.01 and a 200-day moving average price of $2.01. China Jo-Jo Drugstores has a 12-month low of $1.34 and a 12-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.