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

StockNews.com began coverage on shares of Concord Medical Services (NYSE:CCM) in a research report report published on Wednesday morning. The brokerage issued a sell rating on the stock.

Concord Medical Services Stock Performance

CCM opened at $8.00 on Wednesday. Concord Medical Services has a 52 week low of $3.82 and a 52 week high of $26.70. The business’s 50 day moving average is $6.64 and its two-hundred day moving average is $7.05. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 1.15.

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.