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

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

China Pharma Stock Performance

Shares of CPHI stock opened at $0.22 on Thursday. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.84 and a quick ratio of 0.24. China Pharma has a 1 year low of $0.17 and a 1 year high of $1.21. The firm has a fifty day moving average price of $0.21 and a 200-day moving average price of $0.28.

China Pharma (NYSE:CPHIGet Free Report) last released its quarterly 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 net margin of 70.47% and a negative return on equity of 60.19%.

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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