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

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

China Jo-Jo Drugstores Stock Performance

China Jo-Jo Drugstores stock opened at $1.89 on Thursday. The business has a 50 day simple moving average of $1.98 and a 200-day simple moving average of $2.00. China Jo-Jo Drugstores has a 12 month low of $1.34 and a 12 month high of $3.59.

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.