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

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

China Jo-Jo Drugstores Trading Up 5.4 %

Shares of China Jo-Jo Drugstores stock opened at $1.75 on Tuesday. China Jo-Jo Drugstores has a fifty-two week low of $1.34 and a fifty-two week high of $3.59. The firm has a 50-day simple moving average of $2.01 and a two-hundred day simple moving average of $2.04.

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.