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

Stock analysts at StockNews.com initiated coverage on shares of Concord Medical Services (NYSE:CCM) in a report released on Friday. The firm set a “sell” rating on the stock.

Concord Medical Services Stock Performance

Concord Medical Services stock opened at $5.19 on Friday. The stock’s fifty day simple moving average is $4.90 and its 200-day simple moving average is $5.69. Concord Medical Services has a twelve month low of $3.82 and a twelve month high of $26.70. 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 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.