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

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

Concord Medical Services Stock Down 0.9 %

Shares of CCM stock opened at $4.27 on Friday. The business has a 50-day moving average of $4.89 and a 200 day moving average of $5.57. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.46 and a current ratio of 0.47. Concord Medical Services has a 1-year low of $3.82 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.