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

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

Concord Medical Services Stock Performance

Concord Medical Services stock opened at $4.95 on Tuesday. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 1.15. The business’s 50-day moving average price is $4.85 and its two-hundred day moving average price is $6.02. Concord Medical Services has a 12-month low of $3.82 and a 12-month high of $26.70.

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.