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

StockNews.com assumed coverage on shares of China Pharma (NYSE:CPHI) in a research note published on Wednesday. The brokerage issued a hold rating on the stock.

China Pharma Stock Down 12.7 %

China Pharma stock opened at $0.37 on Wednesday. The stock’s 50 day moving average is $0.42 and its 200 day moving average is $0.52. The company has a quick ratio of 0.29, a current ratio of 0.82 and a debt-to-equity ratio of 0.23. China Pharma has a one year low of $0.32 and a one year high of $2.70.

China Pharma Company Profile

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.