Pw Medtech Group Ltd Declares Ownership of 16.7% Stake in China Biologic Products Holdings, Inc. (CBPO)
Pw Medtech Group Ltd
recently revealed that they own a 16.7% stake in China Biologic Products Holdings, Inc. (NASDAQ:CBPO) in a Form 13D disclosure that was filed with the SEC on Wednesday, January 10th. The investor owns 5,521,000 shares of the stock worth approximately $454,599,140. The reporting parties listed on the disclosure included PW Medtech Group Limited, Cross Mark Limited and Liu Yufeng. The filing is available through the SEC website at this link.
China Biologic Products Holdings, Inc. (NASDAQ CBPO) opened at $82.34 on Wednesday. China Biologic Products Holdings, Inc. has a 12 month low of $72.21 and a 12 month high of $120.46. The company has a market cap of $2,630.00, a P/E ratio of 21.44, a P/E/G ratio of 1.00 and a beta of 1.79.
CBPO has been the topic of a number of recent analyst reports. Zacks Investment Research raised China Biologic Products from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th. BidaskClub upgraded shares of China Biologic Products from a “strong sell” rating to a “sell” rating in a research note on Wednesday, December 20th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. China Biologic Products has an average rating of “Hold” and an average target price of $137.50.
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China Biologic Products Company Profile
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