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

StockNews.com started coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJDFree Report) in a research report released on Saturday. The brokerage issued a sell rating on the stock.

China Jo-Jo Drugstores Price Performance

CJJD opened at $2.93 on Friday. The company’s 50 day moving average is $3.31 and its 200 day moving average is $3.82. China Jo-Jo Drugstores has a 12-month low of $1.56 and a 12-month high of $12.30.

China Jo-Jo Drugstores Company Profile

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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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