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

StockNews.com started coverage on shares of Concord Medical Services (NYSE:CCM) in a research note released on Sunday morning. The firm issued a sell rating on the stock.

Concord Medical Services Stock Down 0.4 %

Concord Medical Services stock opened at $4.93 on Friday. The business’s 50-day simple moving average is $6.47 and its 200-day simple moving average is $7.01. Concord Medical Services has a 52 week low of $3.82 and a 52 week high of $26.70. The company has a current ratio of 0.47, a quick ratio of 0.46 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.