China Pharma Holdings Inc (AMEX: CPHI) Could Make Significant Gains?

In the latest trading session, 0.41 million China Pharma Holdings Inc (AMEX:CPHI) shares changed hands as the company’s beta touched 0.67. With the company’s most recent per share price at $0.18 changing hands around $0.01 or 3.59% at last look, the market valuation stands at $3.79M. CPHI’s current price is a discount, trading about -283.33% off its 52-week high of $0.69. The share price had its 52-week low at $0.13, which suggests the last value was 27.78% up since then. When we look at China Pharma Holdings Inc’s average trading volume, we note the 10-day average is 0.58 million shares, with the 3-month average coming to 429.79K.

China Pharma Holdings Inc (AMEX:CPHI) trade information

Instantly CPHI is in green as seen in intraday trades today. With action 8.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -70.21%, with the 5-day performance at 8.58% in the green. However, in the 30-day time frame, China Pharma Holdings Inc (AMEX:CPHI) is -9.42% down. Looking at the short shares, we see there were 93597.0 shares sold at short interest cover period of 0.22 days.

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China Pharma Holdings Inc (AMEX:CPHI)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 51.28% of China Pharma Holdings Inc shares while 0.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 0.43%.