StockNews.com Begins Coverage on Concord Medical Services (NYSE:CCM)

Stock analysts at StockNews.com began coverage on shares of Concord Medical Services (NYSE:CCM) in a research note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

Concord Medical Services Trading Up 4.6 %

Concord Medical Services stock opened at $4.55 on Monday. The stock’s 50 day moving average is $4.81 and its 200-day moving average is $6.15. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 1.15. Concord Medical Services has a 12 month low of $3.82 and a 12 month 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.