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

Stock analysts at StockNews.com started coverage on shares of Concord Medical Services (NYSE:CCM) in a report issued on Sunday. The brokerage set a “sell” rating on the stock.

Concord Medical Services Stock Performance

Shares of NYSE CCM opened at $7.01 on Friday. The company has a quick ratio of 0.30, a current ratio of 0.32 and a debt-to-equity ratio of 1.14. The firm’s 50-day moving average price is $6.67 and its 200-day moving average price is $6.78. 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.