19 institutions hold shares in China Jo-Jo Drugstores Inc. (CJJD), with 10.4M shares held by insiders accounting for 24.90% while institutional investors hold 24.15% of the company’s shares. The shares outstanding are 41.34M, and float is at 32.30M with Short Float at 1.63%. Institutions hold 18.14% of the Float.
The top institutional shareholder in the company is Hillhouse Capital Advisors Ltd. with over 4.84 million shares valued at $4.89 million. The investor’s holdings represent 11.59% of the CJJD Shares outstanding. As of Dec 30, 2020, the second largest holder is Renaissance Technologies, LLC with 1.3 million shares valued at $1.31 million to account for 3.11% of the shares outstanding. The other top investors are Squarepoint Ops LLC which holds 0.16 million shares representing 0.38% and valued at over $0.16 million, while Two Sigma Advisers, LP holds 0.25% of the shares totaling 0.11 million with a market value of $0.11 million.
China Jo-Jo Drugstores Inc. (NASDAQ: CJJD) is 8.91% higher on its value in year-to-date trading and has touched a low of $0.80 and a high of $3.46 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CJJD stock was last observed hovering at around $1.10 in the last trading session, with the day’s loss setting it 0.0% off its average median price target of $7.00 for the next 12 months. It is also 84.29% off the consensus price target high of $7.00 offered by 1 analysts, but current levels are 84.29% higher than the price target low of $7.00 for the same period.
Currently trading at $1.10, the stock is 0.45% and -5.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 0.00% at the moment leaves the stock -4.12% off its SMA200. CJJD registered -35.67% loss for a year compared to 6-month gain of 17.79%. The firm has a 50-day simple moving average (SMA 50) of $1.1806 and a 200-day simple moving average (SMA200) of $1.0651.
The stock witnessed a 0.00% loss in the last 1 month and extending the period to 3 months gives it a 6.80%, and is 0.00% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.52% over the week and 8.36% over the month.
China Jo-Jo Drugstores Inc. (CJJD) has around 1014 employees, a market worth around $45.90M and $127.80M in sales. Profit margin for the company is -8.60%. Distance from 52-week low is 37.50% and -68.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.80%).
China Jo-Jo Drugstores Inc. (CJJD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for China Jo-Jo Drugstores Inc. (CJJD) is a “Buy”. 1 analysts offering their recommendations for the stock, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
China Jo-Jo Drugstores Inc. is expected to release its quarterly report on 07/01/2021 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -453.40% this year.
China Jo-Jo Drugstores Inc. (CJJD) Insider Activity
A total of 0 insider transactions have happened at China Jo-Jo Drugstores Inc. (CJJD) in the last six months, with sales accounting for 0 and purchases happening 0 times.
China Jo-Jo Drugstores Inc. (CJJD): Who are the competitors?
The company’s main competitors (and peers) include Walgreens Boots Alliance Inc. (WBA) that is trading 20.11% up over the past 12 months and PetMed Express Inc. (PETS) that is 23.51% higher over the same period. CVS Health Corporation (CVS) is 30.20% up on the 1-year trading charts. Short interest in the company’s stock has risen 16.7% from the last report on Feb 11, 2021 to stand at a total of 0.44 million short shares sold with a short interest ratio of 0.48.