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

China Jo-Jo Drugstores, Inc. (NASDAQ:CJJDGet Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-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 changing hands.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on China Jo-Jo Drugstores

China Jo-Jo Drugstores Stock Performance

The company’s 50 day simple moving average is $1.70 and its 200-day simple moving average 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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