China Pharma (NYSE:CPHI) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of China Pharma (NYSE:CPHI) in a research report released on Tuesday morning. The firm issued a hold rating on the stock.

China Pharma Stock Performance

Shares of China Pharma stock opened at $0.19 on Tuesday. The company’s 50 day moving average price is $0.21 and its 200-day moving average price is $0.22. China Pharma has a 52-week low of $0.13 and a 52-week high of $0.69. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.26 and a current ratio of 0.79.

About China Pharma

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.