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

Equities researchers at StockNews.com started coverage on shares of China Pharma (NYSE:CPHIGet Free Report) in a research report issued on Tuesday. The brokerage set a “hold” rating on the stock.

China Pharma Price Performance

Shares of NYSE CPHI opened at $0.25 on Tuesday. China Pharma has a 12-month low of $0.17 and a 12-month high of $1.16. The stock has a 50 day simple moving average of $0.23 and a 200-day simple moving average of $0.25. The company has a current ratio of 0.84, a quick ratio of 0.24 and a debt-to-equity ratio of 0.19.

China Pharma (NYSE:CPHIGet Free Report) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $0.93 million for the quarter. China Pharma had a negative net margin of 70.47% and a negative return on equity of 60.19%.

About China Pharma

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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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