Profile
Sector:
HealthcareIndustry:
Pharmaceutical RetailersCountry:
ChinaIPO:
01 October 2009Website:
http://www.jiuzhou-drugstore.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
after hours | 106 min agoDividend
Analysts recommendations
Institutional Ownership
CJJD Latest News
HANGZHOU, China , June 11, 2024 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that it has entered into definitive agreements with a number of investors providing for the issuance of 1,980,000 million ordinary shares, at a purchase price of $1.70 per share, in a registered direct offering for an aggregate gross proceeds of approximately $3.37 million. The closing of the sale of the securities is expected to occur on or about June 26, 2024, subject to satisfaction of customary closing conditions.
China Jo-Jo Drugstores (NASDAQ: CJJD) stock price has cratered as the future of the company remains in peril. The shares plunged to a low of $0.67, the lowest level in months.
On another mixed session today, investors appear to be humming and hawing about how many large-cap stocks will perform. However, there's outsized interest in some small-cap names today, with China Jo-Jo Drugstores (NASDAQ: CJJD ) seeing impressive buying pressure.
HANGZHOU, China, April 18, 2023 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that it has entered into a definitive agreement with an institutional investor (the "Investor") providing for the issuance of 2,258,888 ordinary shares, at a purchase price of $3.10 per share, in a registered direct offering for aggregate gross proceeds of approximately $7 million.
What type of business is China Jo-Jo Drugstores?
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. Its stores provide various pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products, such as consumable, seasonal, and promotional items. The company also operates licensed doctors of Western medicine and TCM on site for consultation, examination, and treatment of common ailments at scheduled hours. In addition, it operates online drugstore that retails OTC drugs and nutritional supplements, as well as sells products through third-party platforms. Further, the company distributes third-party pharmaceutical products primarily to trading companies, as well as cultivates and wholesales herbs used for TCM. As of March 31, 2021, it had 109 retail pharmacies under the Jiuzhou Grand Pharmacy name, as well as 4 drugstores. The company was founded in 2003 and is headquartered in Hangzhou, the People's Republic of China.
What sector is China Jo-Jo Drugstores in?
China Jo-Jo Drugstores is in the Healthcare sector
What industry is China Jo-Jo Drugstores in?
China Jo-Jo Drugstores is in the Pharmaceutical Retailers industry
What country is China Jo-Jo Drugstores from?
China Jo-Jo Drugstores is headquartered in China
When did China Jo-Jo Drugstores go public?
China Jo-Jo Drugstores initial public offering (IPO) was on 01 October 2009
What is China Jo-Jo Drugstores website?
https://www.jiuzhou-drugstore.com
Is China Jo-Jo Drugstores in the S&P 500?
No, China Jo-Jo Drugstores is not included in the S&P 500 index
Is China Jo-Jo Drugstores in the NASDAQ 100?
No, China Jo-Jo Drugstores is not included in the NASDAQ 100 index
Is China Jo-Jo Drugstores in the Dow Jones?
No, China Jo-Jo Drugstores is not included in the Dow Jones index
When does China Jo-Jo Drugstores report earnings?
Next earnings report date is not announced yet