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

StockNews.com assumed coverage on shares of Concord Medical Services (NYSE:CCM) in a report released on Saturday. The brokerage issued a sell rating on the stock.

Concord Medical Services Stock Performance

Shares of Concord Medical Services stock opened at $5.00 on Friday. Concord Medical Services has a 12-month low of $3.82 and a 12-month 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 stock has a 50 day moving average price of $6.57 and a two-hundred day moving average price of $7.10.

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.