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

Equities researchers at StockNews.com started coverage on shares of Concord Medical Services (NYSE:CCM) in a report issued on Saturday. The brokerage set a “sell” rating on the stock.

Concord Medical Services Stock Performance

Concord Medical Services stock opened at $4.70 on Friday. The business’s 50-day simple moving average is $5.05 and its two-hundred day simple moving average is $6.54. 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.

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.