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

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

Concord Medical Services Stock Down 3.9 %

Shares of NYSE CCM opened at $4.20 on Tuesday. The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 1.15. Concord Medical Services has a twelve month low of $3.80 and a twelve month high of $26.70. The stock has a fifty day simple moving average of $4.66 and a 200-day simple moving average of $5.37.

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.