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

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

Concord Medical Services Price Performance

NYSE:CCM opened at $4.24 on Monday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.47 and a quick ratio of 0.46. The firm has a fifty day simple moving average of $4.69 and a 200 day simple moving average of $5.39. Concord Medical Services has a 1-year low of $3.80 and a 1-year 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.