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

StockNews.com started coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD) in a research note released on Thursday morning. The brokerage issued a sell rating on the stock.

China Jo-Jo Drugstores Stock Performance

China Jo-Jo Drugstores stock opened at $2.10 on Thursday. The company has a 50-day moving average price of $1.95 and a 200 day moving average price of $2.18. China Jo-Jo Drugstores has a 12-month low of $1.34 and a 12-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.