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

StockNews.com started coverage on shares of China Pharma (NYSE:CPHI) in a report released on Monday. The brokerage set a “hold” rating on the stock.

China Pharma Price Performance

Shares of NYSE:CPHI opened at $0.32 on Monday. The business has a fifty day simple moving average of $0.35 and a 200 day simple moving average of $0.45. China Pharma has a 12-month low of $0.27 and a 12-month high of $2.18. The company has a quick ratio of 0.33, a current ratio of 0.88 and a debt-to-equity ratio of 0.19.

About China Pharma

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