Concord Medical Services Holdings Limited (NYSE:CCM – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.63 and traded as high as $7.20. Concord Medical Services shares last traded at $6.45, with a volume of 28,600 shares changing hands.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of Concord Medical Services in a research note on Friday. They issued a “sell” rating for the company.
View Our Latest Stock Analysis on CCM
Concord Medical Services Stock Performance
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.
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