What’s wrong with China Pharma Holdings, Inc. (CPHI) today

Stay Ahead of Wall Street. Find out what is happening to China Pharma Holdings, Inc. (NYSE:CPHI) stock today? Its price is nose-diving 0 points, trading at $0.26 levels, and is down -1.16% from its previous close of $0.26. The shares seem to have an active trading volume day with a reported 158638 contracts so far this session. CPHI shares had a relatively better volume day versus average trading capacity of 141.73 thousand shares, but with a 21.94 million float and a 6% run over a week, it’s definitely worth keeping an eye on. CPHI share price has been trading recently between $0.24 and $0.26. There are some brokerage firms that offer lower targets than the average, with one of them, even setting their price target at $4.5. Flipping the other side of the coin, an analyst who is fully bullish set a price target as high as $4.5.

During the recent trading session for China Pharma Holdings, Inc. (NYSE:CPHI), the company witnessed their stock rise $0.01 over a week and tumble down $-0.01 from the price 20 days ago. When compared to their established 52-week high of $0.84, the high they recorded in their recent session happens to be lower. Their established 52-week high was attained by the company on 10/18/18. The recent low of $0.19 stood for a -69.44% since 12/26/18, a data which is good for most investors who are looking to take advantage of the stock’s recent rise. A beta of 1.73 is also allocated to the stock. Since the beta is greater than one, it implies that the stock is less volatile than the market, a data that traders are keeping close attention to. At the moment, the median target price for CPHI is set at $4.5, a figure which is above the recent 1-year high the stock witnessed.

Looking at the current readings for China Pharma Holdings, Inc., the two-week RSI stands at 51.02. This figure suggests that CPHI stock, for now, is neutral, meaning that the shares are stable in terms of price movement. The stochastic readings, on the other hand, based on the current CPHI readings is similarly very revealing as it has a stochastic reading of 61.75% at this stage. This figure means that CPHI share price today is being neutral.

Technical chart claims that China Pharma Holdings, Inc. (CPHI) would settle between $0.27/share to $0.27/share level. However, if the stock price goes below the $0.25 mark, then the market for China Pharma Holdings, Inc. becomes much weaker. If that happens, the stock price might even plunge as low as $0.23 for its downside target.

Analysts at Rodman & Renshaw, assumed coverage of CPHI assigning Mkt Outperform rating, according to their opinion released on January 08.

Moving on, CPHI stock price is currently trading at 0X forward 12-month Consensus EPS estimates, and its P/E ratio is 0 while for the average stock in the same group, the multiple is 18.3. China Pharma Holdings, Inc. current P/B ratio of 0.4 means it is trading at a discount against its industry’s 5.