Concord Medical Services (NYSE:CCM) Coverage Initiated at StockNews.com

Research analysts at StockNews.com began coverage on shares of Concord Medical Services (NYSE:CCM) in a report issued on Saturday. The firm set a “sell” rating on the stock.

Concord Medical Services Price Performance

Shares of CCM opened at $4.70 on Friday. 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 has a 1 year low of $3.82 and a 1 year high of $26.70. The company has a 50 day simple moving average of $5.05 and a two-hundred day simple moving average of $6.56.

Concord Medical Services Company Profile

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.