
China Aoxing Pharmaceutical Co Inc is headquartered in New York. Currently, the shares of China Aoxing Pharmaceutical Co Inc are listed on the Pink Sheets and Over the Counter Bulletin Board (OTCBB) under the stock symbols CAXG.PK and CAXG.OB, respectively. Investors should fully understand the risks of trading Pink Sheet stocks when making a decision to invest in these companies. Some liquidity risks may be minimized, because the company is listed on two exchanges.
There are 465 employees working at this company. China Aoxing Pharmaceutical Co Inc is probably employing enough people to support the company's expansion. Consider the operational costs of a staff of this size when evaluating investment. You should consider the risks related to a workforce of this size, when you evaluate this stock.
The share price of the company's stock was $1.10 on Jan 2, 2009. The company's share price is 60 % lower than its 52 week high of $2.75 at the moment. Although still considered a penny stock the share price is above the $1.00 range. This stock is in the middle of its trading range. It hasn't yet formed clear signs to support the current price movement beyond this point. The stock trades at insufficient volume, thereby making it subject to possible market manipulation.
The company has announced some recent news. On Dec 17, 2008, China Aoxing Pharmaceutical Co Inc issued a headline regarding " China Aoxing Pharmaceutical Company Receives a New Injectable Drug Approval for Treating Ischemic Cerebrovascular Disease ". We are not sure how this news will affect the share price.
| Symbol: | CAXG.PK |
| Type: | Pink Sheets/OTCBB |
| Company SIC: | N/A |
| Average volume: | N/A |
| Employees: | 465 |
| Phone: | 646-512-5662 |
| Fax: | N/A |
| Website: | N/A |
| Address: | NJ Jersey City |
| Bussines address: | 40 Wall Street 28th Floor New York, NY 10006 United States |
| Mailing address: | 40 Wall Street, 28th Floor New York Ny 10005 |