Elite Pharmaceuticals (ELTP) Stock Price, News & Analysis

Company Overview

Elite Pharmaceuticals, Inc. is a U.S.-based specialty pharmaceutical company that acquires, develops and markets both branded and generic pharmaceutical products. Headquartered in Houston, Texas, the company focuses on complex dosage forms—including injectables, sterile formulations and oncology therapies—and seeks to address unmet medical needs through advanced drug delivery technologies. Its product portfolio spans therapeutic areas such as pain management, oncology and cardiovascular care.

Since its founding in 2007, Elite Pharmaceuticals has pursued strategic partnerships and licensing agreements to expand its pipeline and manufacturing capabilities. The company collaborates with contract manufacturing organizations and leverages distribution networks to supply products to wholesalers, hospitals and healthcare providers across the United States. Through these alliances, Elite Pharmaceuticals aims to streamline supply chains and enhance product availability for its key markets.

Specific information on the company’s leadership team and key historical milestones is limited in publicly available sources. Industry records indicate the management group brings experience in pharmaceutical sourcing, regulatory affairs and product development. Elite Pharmaceuticals continues to explore opportunities for organic growth, business development and potential acquisitions, positioning itself to capitalize on innovation within the specialty pharmaceutical sector.

Key Stats

• Today's Range: $0.28 to $0.31
• 50-Day Range: $0.30 to $0.40
• 52-Week Range: $0.27 to $0.74
• Volume: 900,854 shs
• Average Volume: 790,519 shs
• Market Capitalization: $317.76 million
• P/E Ratio: 7.38
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Elite Pharmaceuticals Stock Analysis - MarketRank™

Elite Pharmaceuticals scored higher than 25% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Elite Pharmaceuticals.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Elite Pharmaceuticals is 7.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.36.

Price to Earnings Ratio vs. Sector

The P/E ratio of Elite Pharmaceuticals is 7.38, which means that it is trading at a less expensive P/E ratio than the Healthcare sector average P/E ratio of about 270.68.

Price to Book Value per Share Ratio

Elite Pharmaceuticals has a P/B Ratio of 2.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.29% of the float of Elite Pharmaceuticals has been sold short.

Short Interest Ratio / Days to Cover

Elite Pharmaceuticals has a short interest ratio ("days to cover") of 3.73, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Elite Pharmaceuticals has recently increased by 3.30%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Elite Pharmaceuticals does not currently pay a dividend.

Dividend Growth

Elite Pharmaceuticals does not have a long track record of dividend growth.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: N/A

News Sentiment

Elite Pharmaceuticals has a news sentiment score of -0.04. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Healthcare companies.

Search Interest

2 people have searched for ELTP on MarketBeat in the last 30 days.

MarketBeat Follows

1 people have added Elite Pharmaceuticals to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.5 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Elite Pharmaceuticals insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.42% of the stock of Elite Pharmaceuticals is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

0.01% of the stock of Elite Pharmaceuticals is held by institutions.

Company Calendar

• Last Earnings: 8/13/2026
• Today: 8/21/2026
• Fiscal Year End: 3/31/2027

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Healthcare
• Industry: Pharmaceuticals
• Sub-Industry: Pharmaceuticals
• Current Symbol: OTCMKTS:ELTP
• CIK: 1053369
• Web: www.elitepharma.com
• Phone: (201) 750-2646
• Fax: 201-750-2755
• Employees: 40
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $0.04
• Trailing P/E Ratio: 7.38
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $44.87 million
• Net Margins: 40.19%
• Pretax Margin: 46.16%
• Return on Equity: 44.58%
• Return on Assets: 29.54%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 3.76
• Quick Ratio: 2.97

Sales & Book Value

• Annual Sales: $148.87 million
• Price / Sales: 2.13
• Cash Flow: $0.03 per share
• Price / Cash Flow: 11.14
• Book Value: $0.10 per share
• Price / Book: 2.95

Miscellaneous

• Outstanding Shares: 1,077,140,000
• Free Float: 921,813,000
• Market Cap: $317.76 million
• Optionable: Not Optionable
• Beta: 0.40