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

StockNews.com initiated coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a research note issued on Saturday. The firm set a “sell” rating on the stock.

China Jo-Jo Drugstores Stock Performance

China Jo-Jo Drugstores has a 12-month low of $1.29 and a 12-month high of $3.59. The company has a 50-day simple moving average of $1.64 and a 200-day simple moving average of $1.81.

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.