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

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

Concord Medical Services Stock Performance

Shares of NYSE CCM opened at $4.63 on Thursday. The stock’s 50-day simple moving average is $4.84 and its 200-day simple moving average is $5.81. 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 fifty-two week low of $3.82 and a fifty-two 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.