China Jo-Jo Drugstores (NASDAQ:CJJD) Now Covered by StockNews.com

Analysts at StockNews.com assumed coverage on shares of China Jo-Jo Drugstores (NASDAQ:CJJDGet Free Report) in a report released on Thursday. The firm set a “sell” rating on the stock.

China Jo-Jo Drugstores Trading Up 4.2 %

Shares of China Jo-Jo Drugstores stock opened at $0.18 on Thursday. The business’s 50 day moving average price is $0.20 and its 200 day moving average price is $0.24. China Jo-Jo Drugstores has a one year low of $0.17 and a one year high of $9.65.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Acadian Asset Management LLC purchased a new stake in shares of China Jo-Jo Drugstores in the 2nd quarter valued at about $61,000. Virtu Financial LLC increased its position in China Jo-Jo Drugstores by 1,004.3% in the 2nd quarter. Virtu Financial LLC now owns 125,689 shares of the company’s stock valued at $50,000 after acquiring an additional 114,307 shares during the period. Finally, Jane Street Group LLC acquired a new position in China Jo-Jo Drugstores in the 4th quarter valued at about $112,000. 3.63% of the stock is owned by institutional investors and hedge funds.

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.

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