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

Investment analysts at StockNews.com began coverage on shares of Concord Medical Services (NYSE:CCM) in a report released on Thursday. The brokerage set a “sell” rating on the stock.

Concord Medical Services Trading Up 2.4 %

Shares of CCM stock opened at $5.02 on Thursday. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 1.15. The stock has a fifty day moving average of $5.54 and a 200 day moving average of $6.65. Concord Medical Services has a 52 week low of $3.82 and a 52 week 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.