Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, China Pharma Holdings Inc’s stock clocked out at $0.20, up 3.59% from its previous closing price of $0.19. In other words, the price has increased by $3.59 from its previous closing price. On the day, 0.68 million shares were traded.
Ratios:
To gain a deeper understanding of CPHI’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.26 and its Current Ratio is at 0.79. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rodman & Renshaw on January 08, 2010, initiated with a Mkt Outperform rating and assigned the stock a target price of $6.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70 while its Price-to-Book (P/B) ratio in mrq is 0.55.
Stock Price History:
Over the past 52 weeks, CPHI has reached a high of $0.44, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -4.68%, while the 200-Day Moving Average is calculated to be -11.35%.
Shares Statistics:
A total of 17.86M shares are outstanding, with a floating share count of 9.38M. Insiders hold about 51.28% of the company’s shares, while institutions hold 0.90% stake in the company.