Concord Medical Services (NYSE:CCM) Now Covered by StockNews.com

Investment analysts at StockNews.com began coverage on shares of Concord Medical Services (NYSE:CCM) in a research note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

Concord Medical Services Stock Performance

Shares of NYSE:CCM opened at $4.55 on Monday. The business’s 50 day simple moving average is $4.81 and its 200 day simple moving average is $6.15. Concord Medical Services has a 1 year low of $3.82 and a 1 year high of $26.70. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.47 and a quick ratio of 0.46.

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.