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

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

Concord Medical Services Stock Up 12.6 %

Shares of NYSE:CCM opened at $5.00 on Friday. Concord Medical Services has a 1 year low of $3.82 and a 1 year 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. The business’s 50 day moving average price is $6.48 and its 200-day moving average price is $7.03.

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.