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Home โบ Stocks โบ Ridgetech, Inc. (CJJD) Stock Forecast & Price Prediction China | NASDAQ | Healthcare | Pharmaceutical Retailers
$2.76
+0.05 (1.84%)Did CJJD Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if China Jo-Jo is one of their latest high-conviction picks.
CJJD has shown a year-to-date change of -3.2% and a 1-year change of 43.0%, reflecting upward momentum over the past year. Comprehensive analyst forecasts are currently unavailable for CJJD. Please refer to the price chart above for recent performance and trends.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for CJJD.
| Date | Firm | Analyst | Rating | Change | Price Target |
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The following stocks are similar to China Jo-Jo based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Ridgetech, Inc. has a market capitalization of $5.97M with a P/E ratio of -0.9x. The company generates $154.54M in trailing twelve-month revenue with a 20.1% profit margin.
Revenue growth is +0.5% quarter-over-quarter, while maintaining an operating margin of -2.7% and return on equity of -29.6%.
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Healthcare company specializing in pharmaceuticals distribution.
Ridgetech, Inc. generates revenue through multiple segments including retail drugstores, an online pharmacy, drug wholesale, and herb farming. It sells a wide variety of healthcare products, including prescription medications and nutritional supplements, directly to consumers and institutions, thus capturing both retail and wholesale markets.
Headquartered in Hangzhou, China, Ridgetech, Inc. is well-positioned in the growing Chinese healthcare supply chain, leveraging both physical and digital platforms to enhance its market reach. The company's herb farming segment adds a unique value proposition by cultivating traditional Chinese medicines, further diversifying its product offerings.
Healthcare
Pharmaceutical Retailers
61
Mr. Ming Zhao
China
2009
China Jo-Jo Drugstores (Nasdaq: CJJD) is restructuring to become an asset-light, wholesale-focused company, enhancing profitability through the acquisition of Allright (Hangzhou) Internet Technology.
China Jo-Jo Drugstores' strategic restructuring to an asset-light model and acquisition of Allright could enhance profitability and operational efficiency, potentially boosting stock performance.
China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) reported its fiscal year 2024 financial results, highlighting a resilient business model amidst market dynamics, as stated by CEO Lei Liu.
Jo-Jo Drugstoresโ fiscal results indicate financial health and resilience, which may enhance investor confidence and influence stock performance in a competitive healthcare market.
China Jo-Jo Drugstores, Inc. plans to issue 1,980,000 shares at $1.70 each, aiming for gross proceeds of about $3.37 million, with closing expected around June 26, 2024.
China Jo-Jo Drugstores is raising $3.37 million through a share offering, which could enhance liquidity and support growth initiatives, influencing investor sentiment and stock performance.
China Jo-Jo Drugstores, Inc. announced the resignation of board member Ms. Pingfan Wu, effective May 31, 2024, due to personal reasons.
Leadership changes can signal instability or shifts in company strategy, potentially impacting investor confidence and stock performance.
China Jo-Jo Drugstores, Inc. will issue 1.61 million shares at $1.70 each in a registered direct offering, raising approximately $2.74 million, closing expected around May 17, 2024.
China Jo-Jo Drugstores' share issuance raises $2.74 million, impacting liquidity and potential growth. Investors may evaluate the companyโs capacity to leverage these funds effectively.
China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) announced a registered direct offering of 0.9 million shares at $1.70 each, aiming for gross proceeds of about $1.53 million, closing around April 30, 2024.
China Jo-Jo Drugstores is raising $1.53 million through a share offering, indicating potential growth funding. This can impact stock liquidity and investor confidence.
Analyst forecasts for Ridgetech, Inc. (CJJD) are not currently available. The stock is trading at $2.76.
Analyst ratings for CJJD are not currently available. The stock is currently trading at $2.76. Investment decisions should be based on thorough research and your personal financial goals. Always conduct your own research and consider your investment goals before making investment decisions.
Price predictions from Wall Street analysts for CJJD are not currently available. The stock is trading at $2.76.
Ridgetech, Inc. generates revenue through multiple segments including retail drugstores, an online pharmacy, drug wholesale, and herb farming. It sells a wide variety of healthcare products, including prescription medications and nutritional supplements, directly to consumers and institutions, thus capturing both retail and wholesale markets.
Price targets from Wall Street analysts for CJJD are not currently available. The stock is trading at $2.76.
Price targets from Wall Street analysts for CJJD are not currently available. The stock is trading at $2.76.
Analyst ratings for CJJD are not currently available. The stock is trading at $2.76.
Stock price projections, including those for Ridgetech, Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.