China Pharma Holdings Inc. (AMEX:CPHI) shares, rose in value on Wednesday, 08/03/22, with the stock price down by -3.89% to the previous day’s close as strong demand from buyers drove the stock to $0.21.
Actively observing the price movement in the last trading, the stock closed the session at $0.22, falling within a range of $0.20 and $0.23. The value of beta (5-year monthly) was 0.51. Referring to stock’s 52-week performance, its high was $0.97, and the low was $0.19. On the whole, CPHI has fluctuated by -5.58% over the past month.
With the market capitalization of China Pharma Holdings Inc. currently standing at about $9.96 million, investors are eagerly awaiting this quarter’s results, scheduled for May 14, 2021.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that CPHI’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium term indicators have put the stock in the category of 100% Sell while long term indicators on average have been pointing out that it is a 100% Sell.
1 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 0 analyst(s), 1 recommend it as a Buy and 0 called the CPHI stock Overweight. In the meantime, 0 analyst(s) believe the stock as Underweight and 0 think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of CPHI currently trading nearly -1.33% and -6.89% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.91, while the 7-day volatility ratio is showing 11.04% which for the 30-day chart, stands at 7.98%. Furthermore, China Pharma Holdings Inc. (CPHI)’s beta value is 0.48, and its average true range (ATR) is 0.02. The company’s stock has been forecasted to trade at an average price of $4.50 over the course of the next 52 weeks, with a low of $4.50 and a high of $4.50. Based on these price targets, the low is -2042.86% off current price, whereas the price has to move -2042.86% to reach the yearly target high. Additionally, analysts’ median price of $4.50 is likely to be welcomed by investors because it represents a decrease of -2042.86% from the current levels.
A comparison of China Pharma Holdings Inc. (CPHI) with its peers suggests the former has fared considerably weaker in the market. CPHI showed an intraday change of -3.89% in last session, and over the past year, it shrunk by -76.35%%. In comparison, Johnson & Johnson (JNJ) has moved higher at 0.97% on the day and was up 0.11% over the past 12 months. On the other hand, the price of Sanofi (SNY) has risen 0.08% on the day. The stock, however, is off -4.66% from where it was a year ago. Additionally, there is a loss of -0.24% for Novartis AG (NVS) in last trading while the stock has seen an overall depriciation of -8.47%% over the past year. Other than that, the overall performance of the S&P 500 during the last trading session shows that it gained 1.56%. Meanwhile, the Dow Jones Industrial Improved by 1.29%.
Data on historical trading for China Pharma Holdings Inc. (AMEX:CPHI) indicates that the trading volumes over the past 10 days have averaged 0.39 million and over the past 3 months, they’ve averaged 253.63K. According to company’s latest data on outstanding shares, there are 47.37 million shares outstanding.
Nearly 48.84% of China Pharma Holdings Inc.’s shares belong to company insiders and institutional investors own 1.50% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 62300.0 shares as on Jul 14, 2022, resulting in a short ratio of 0.23. According to the data, the short interest in China Pharma Holdings Inc. (CPHI) stood at 0.13% of shares outstanding as of Jul 14, 2022; the number of short shares registered in Jun 14, 2022 reached 0.13 million. The stock has fallen by -56.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CPHI stock heading into the next quarter.