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

Analysts at StockNews.com assumed coverage on shares of Concord Medical Services (NYSE:CCM) in a research report issued to clients and investors on Saturday. The brokerage set a “sell” rating on the stock.

Concord Medical Services Price Performance

Shares of NYSE:CCM opened at $5.00 on Friday. The firm has a fifty day simple moving average of $6.57 and a two-hundred day simple moving average of $7.10. Concord Medical Services has a 52 week low of $3.82 and a 52 week 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.