CJJD Stock Summary and Trading Ideas (China Jo-Jo Drugstores - | NASDAQ:CJJD)

China Jo-Jo Drugstores Inc is a retailer and distributor of pharmaceutical products. The company's operating segments include Retail drugstores, Online Pharmacy, and Drug wholesale. Retail drugstores segment sells prescription and over-the-counter medicines, TCM, dietary supplements, medical devices, and sundry items to retail customers. The online pharmacy segment sells drugs through third-party platforms such as Alibaba's Tmall, JD.com, and Amazon.com. It generates maximum revenue from the Retail drugstores segment.

China Jo-Jo Drugstores - trades on the NASDAQ stock market under the symbol CJJD.

As of December 13, 2024, CJJD stock price declined to $1.85 with 5,081 million shares trading.

CJJD has a market cap of $11.43 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, CJJD traded as high as $193.00 and as low as $1.34.

CJJD has underperformed the market in the last year with a price return of -54.9% while the SPY ETF gained +29.9%. However, in the short term, CJJD had mixed performance relative to the market. It has outperformed in the last 3 months, returning +18.2% vs +7.8% return in SPY. But in the last 2 weeks, CJJD shares have been beat by the market, returning -8.2% compared to an SPY return of +0.3%.

CJJD support price is $1.75 and resistance is $1.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CJJD shares will trade within this expected range on the day.