China Jo-Jo Drugstores (NASDAQ:CJJD) Shares Pass Below 200-Day Moving Average – Time to Sell?

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJD)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $1.83 and traded as low as $1.46. China Jo-Jo Drugstores shares last traded at $1.46, with a volume of 62,218 shares.

Analyst Ratings Changes

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

China Jo-Jo Drugstores Trading Down 11.0 %

The stock’s fifty day simple moving average is $1.67 and its 200-day simple moving average is $1.83.

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.