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

Investment analysts at StockNews.com assumed coverage on shares of China Pharma (NYSE:CPHI) in a note issued to investors on Friday. The firm set a “hold” rating on the stock.

China Pharma Trading Down 3.3 %

Shares of China Pharma stock opened at $0.19 on Friday. China Pharma has a 1 year low of $0.17 and a 1 year high of $1.16. The company’s fifty day simple moving average is $0.23 and its 200-day simple moving average is $0.24. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.26 and a current ratio of 0.79.

China Pharma Company Profile

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.