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

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

Concord Medical Services Price Performance

Shares of NYSE CCM opened at $4.79 on Thursday. The firm has a 50-day simple moving average of $4.83 and a 200-day simple moving average of $5.82. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 1.15. Concord Medical Services has a 52 week low of $3.82 and a 52 week high of $26.70.

About Concord Medical Services

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.