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

Analysts at StockNews.com started coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a report issued on Sunday. The brokerage set a “sell” rating on the stock.

China Jo-Jo Drugstores Stock Down 13.2 %

China Jo-Jo Drugstores stock opened at $1.38 on Friday. The stock’s fifty day simple moving average is $1.86 and its 200-day simple moving average is $1.94. 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.