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

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

China Jo-Jo Drugstores Stock Performance

CJJD opened at $1.38 on Friday. The company has a fifty day moving average price of $1.86 and a 200-day moving average price of $1.94. China Jo-Jo Drugstores has a one year low of $1.34 and a one year 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.