China Pharma (NYSE:CPHI) Now Covered by StockNews.com

Investment analysts at StockNews.com initiated 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 Trading Down 6.6 %

Shares of NYSE:CPHI opened at $0.22 on Monday. China Pharma has a 52-week low of $0.13 and a 52-week high of $0.41. The business’s 50 day simple moving average is $0.23 and its two-hundred day simple moving average is $0.22. The company has a current ratio of 0.79, a quick ratio of 0.26 and a debt-to-equity ratio of 0.22.

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.