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

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

Concord Medical Services Price Performance

Shares of CCM stock opened at $5.09 on Monday. 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 fifty-two week low of $3.82 and a fifty-two week high of $26.70. The business’s 50 day moving average price is $6.44 and its 200-day moving average price is $7.02.

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.