Begins Coverage on China Pharma (NYSE:CPHI)

Analysts at initiated coverage on shares of China Pharma (NYSE:CPHIGet Rating) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the stock.

China Pharma Stock Down 8.5 %

Shares of NYSE:CPHI opened at $0.11 on Monday. The firm’s 50 day moving average price is $0.14 and its 200-day moving average price is $0.19. China Pharma has a twelve month low of $0.10 and a twelve month high of $0.67. The stock has a market capitalization of $5.45 million, a PE ratio of -1.32 and a beta of 0.65.

About China Pharma

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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.

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