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

StockNews.com initiated coverage on shares of China Pharma (NYSE:CPHI) in a report released on Monday morning. The firm issued a hold rating on the stock.

China Pharma Price Performance

China Pharma stock opened at $0.21 on Monday. The firm has a 50 day simple moving average of $0.21 and a 200-day simple moving average of $0.21. The company has a current ratio of 0.79, a quick ratio of 0.26 and a debt-to-equity ratio of 0.22. China Pharma has a 12-month low of $0.13 and a 12-month high of $0.60.

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.