China Jo-Jo Drugstores (NASDAQ:CJJD) Stock Crosses Below 200 Day Moving Average – Here’s Why

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJDGet Free Report)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.01 and traded as low as $1.67. China Jo-Jo Drugstores shares last traded at $1.77, with a volume of 4,846 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on China Jo-Jo Drugstores in a report on Wednesday. They issued a “sell” rating for the company.

Check Out Our Latest Research Report on CJJD

China Jo-Jo Drugstores Stock Performance

The business has a 50-day moving average price of $2.00 and a 200-day moving average price of $2.01.

About China Jo-Jo Drugstores

(Get Free Report)

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.

Further Reading

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