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

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

Concord Medical Services Stock Down 0.4 %

Shares of NYSE CCM opened at $4.93 on Friday. Concord Medical Services has a one year low of $3.82 and a one year high of $26.70. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.46 and a current ratio of 0.47. The business has a fifty day simple moving average of $6.47 and a 200 day simple moving average of $7.01.

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.