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

StockNews.com started coverage on shares of China Pharma (NYSE:CPHIFree Report) in a research note released on Friday morning. The firm issued a hold rating on the stock.

China Pharma Price Performance

Shares of CPHI stock opened at $0.18 on Friday. The company has a 50 day moving average price of $0.26 and a 200-day moving average price of $0.34. The company has a current ratio of 0.89, a quick ratio of 0.25 and a debt-to-equity ratio of 0.17. China Pharma has a 52 week low of $0.17 and a 52 week high of $1.77.

China Pharma (NYSE:CPHIGet Free Report) last announced its earnings results on Wednesday, May 15th. The company reported ($0.07) earnings per share (EPS) for the quarter. China Pharma had a negative net margin of 55.42% and a negative return on equity of 54.31%. The business had revenue of $1.37 million for the quarter.

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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