Analysts at StockNews.com started coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJD – Get Free Report) in a report released on Friday. The brokerage set a “sell” rating on the stock.
China Jo-Jo Drugstores Price Performance
Shares of CJJD stock opened at $3.07 on Friday. The stock has a 50 day simple moving average of $3.47 and a 200-day simple moving average of $3.93. China Jo-Jo Drugstores has a 12-month low of $1.56 and a 12-month high of $47.90.
Hedge Funds Weigh In On China Jo-Jo Drugstores
An institutional investor recently bought a new position in China Jo-Jo Drugstores stock. Jane Street Group LLC bought a new position in shares of China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 31,451 shares of the company’s stock, valued at approximately $112,000. Jane Street Group LLC owned approximately 0.59% of China Jo-Jo Drugstores at the end of the most recent quarter. 45.26% of the stock is currently owned by institutional investors.
China Jo-Jo Drugstores Company Profile
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.
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