StockNews.com Begins Coverage on China Pharma (NYSE:CPHI)

Stock analysts at StockNews.com initiated coverage on shares of China Pharma (NYSE:CPHIGet Free Report) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

China Pharma Price Performance

Shares of China Pharma stock opened at $0.18 on Thursday. China Pharma has a 52-week low of $0.17 and a 52-week high of $1.16. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.24 and a current ratio of 0.84. The stock’s 50-day simple moving average is $0.23 and its 200 day simple moving average is $0.25.

China Pharma (NYSE:CPHIGet Free Report) last posted its earnings results on Wednesday, August 14th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company had revenue of $0.93 million for the quarter. China Pharma had a negative return on equity of 61.46% and a negative net margin of 85.56%.

China Pharma Company Profile

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China Pharma Holdings, Inc develops, manufactures, and markets generic and branded pharmaceutical, and biochemical products to hospitals and private retailers in the People’s Republic of China. The company provides products in the form of dry powder injectables, liquid injectables, tablets, capsules, and cephalosporin oral solutions.

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