China Jo-Jo Drugstores (NASDAQ:CJJD) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Shares of China Jo-Jo Drugstores, Inc. (NASDAQ:CJJDGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.87 and traded as low as $1.33. China Jo-Jo Drugstores shares last traded at $1.33, with a volume of 2,811 shares traded.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on shares of China Jo-Jo Drugstores in a research report on Tuesday. They issued a “sell” rating for the company.

Read Our Latest Report on CJJD

China Jo-Jo Drugstores Stock Down 1.5 %

The company’s fifty day moving average price is $1.70 and its 200 day moving average price is $1.85.

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.

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