15 institutions hold shares in China Jo-Jo Drugstores Inc. (CJJD), with 9.45M shares held by insiders accounting for 22.64% while institutional investors hold 20.52% of the company’s shares. The shares outstanding are 41.34M, and float is at 32.30M with Short Float at 2.15%. Institutions hold 15.87% of the Float.
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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 -4.95% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CJJD stock was last observed hovering at around $0.93 in the last trading session, with the day’s gains setting it 0.03% off its average median price target of $7.00 for the next 12 months. It is also 86.29% off the consensus price target high of $7.00 offered by 1 analysts, but current levels are 86.29% higher than the price target low of $7.00 for the same period.
Currently trading at $0.96, the stock is -10.77% and -15.90% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.32 million and changing 3.00% at the moment leaves the stock -13.01% off its SMA200. CJJD registered -50.52% loss for a year compared to 6-month loss of -14.29%. The firm has a 50-day simple moving average (SMA 50) of $1.1452 and a 200-day simple moving average (SMA200) of $1.0709.
The stock witnessed a -12.73% gain in the last 1 month and extending the period to 3 months gives it a -14.29%, and is -8.57% 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 6.29% over the week and 6.35% over the month.
China Jo-Jo Drugstores Inc. (CJJD) has around 1014 employees, a market worth around $40.94M and $127.80M in sales. Profit margin for the company is -8.60%. Distance from 52-week low is 20.00% and -72.25% 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 08/16/2021 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 27.03% up over the past 12 months. CVS Health Corporation (CVS) is 27.30% up on the 1-year trading charts. Short interest in the company’s stock has fallen -94.86% from the last report on Mar 30, 2021 to stand at a total of 0.69 million short shares sold with a short interest ratio of 0.44.