China Pharma (CPHI) Shares Down 7.1%
China Pharma Holdings, Inc. (NYSEAMERICAN:CPHI)’s share price dropped 7.1% on Thursday . The stock traded as low as $0.24 and last traded at $0.26. Approximately 709,597 shares traded hands during trading, a decline of 12% from the average daily volume of 803,026 shares. The stock had previously closed at $0.28.
China Pharma (NYSEAMERICAN:CPHI) last released its earnings results on Thursday, November 15th. The company reported ($0.04) EPS for the quarter. The firm had revenue of $2.30 million for the quarter.
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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 offers products in the form of dry powder injectables, liquid injectables, tablets, capsules, cephalosporin oral solutions, and granules.
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