StockNews.com Begins Coverage on Concord Medical Services (NYSE:CCM)

Analysts at StockNews.com started coverage on shares of Concord Medical Services (NYSE:CCM) in a research report issued on Friday. The firm set a “sell” rating on the stock.

Concord Medical Services Trading Down 30.2 %

CCM stock opened at $4.50 on Friday. The firm has a 50 day simple moving average of $5.30 and a 200-day simple moving average of $6.62. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.47 and a quick ratio of 0.46. Concord Medical Services has a twelve month low of $3.82 and a twelve month 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.