China Pharma (NYSE:CPHI) Shares to Reverse Split on Tuesday, April 15th

China Pharma Holdings, Inc. (NYSE:CPHI)’s stock is going to reverse split on Tuesday, April 15th. The 1-10 reverse split was announced on Friday, April 4th. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, April 14th.

China Pharma Price Performance

Shares of NYSE:CPHI opened at $0.14 on Friday. China Pharma has a 1 year low of $0.12 and a 1 year high of $0.41. The firm has a fifty day moving average price of $0.22 and a 200 day moving average price of $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.

Wall Street Analysts Forecast Growth

Separately, StockNews.com started coverage on China Pharma in a report on Monday. They set a “hold” rating on the stock.

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.