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

StockNews.com assumed coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a research report released on Monday. The firm issued a sell rating on the stock.

China Jo-Jo Drugstores Stock Performance

Shares of NASDAQ:CJJD opened at $1.82 on Monday. The company has a 50-day moving average price of $1.78 and a two-hundred day moving average price of $2.26. China Jo-Jo Drugstores has a twelve month low of $1.34 and a twelve 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.