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

StockNews.com assumed coverage on shares of Concord Medical Services (NYSE:CCMFree Report) in a research note issued to investors on Saturday. The brokerage issued a sell rating on the stock.

Concord Medical Services Stock Performance

Shares of NYSE CCM opened at $4.82 on Friday. The business’s 50 day moving average price is $6.57 and its two-hundred day moving average price is $7.10. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.47 and a quick ratio of 0.46. Concord Medical Services has a twelve month low of $3.82 and a twelve month high of $26.70.

Concord Medical Services Company Profile

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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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