China Jo-Jo Drugstores (NASDAQ:CJJD) Share Price Crosses Below 200 Day Moving Average – Time to Sell?

Shares of China Jo-Jo Drugstores, Inc. (NASDAQ:CJJDGet Free Report) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 trading hands.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on China Jo-Jo Drugstores in a research note on Wednesday. They set a “sell” rating on the stock.

View Our Latest Stock Report on CJJD

China Jo-Jo Drugstores Stock Performance

The company has a fifty day moving average price of $2.01 and a 200-day moving average price of $2.01.

China Jo-Jo Drugstores Company Profile

(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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