StockNews.com Initiates Coverage on Concord Medical Services (NYSE:CCM)

Posted by on Jan 3rd, 2025

Stock analysts at StockNews.com started coverage on shares of Concord Medical Services (NYSE:CCM – Get Free Report) in a research report issued on Friday. The firm set a “sell” rating on the stock.

Concord Medical Services Stock Up 19.9 %

CCM opened at $6.45 on Friday. The firm’s fifty day simple moving average is $5.36 and its two-hundred day simple moving average is $6.63. Concord Medical Services has a 52-week low of $3.82 and a 52-week high of $26.70. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 1.15.

Concord Medical Services Company Profile

(Get Free Report)

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. It operates in two segments, Network and Hospital. The company's services include linear accelerators and external beam radiotherapy, proton therapy system, gamma knife radiosurgery, and diagnostic imaging services.

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