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

StockNews.com began coverage on shares of Concord Medical Services (NYSE:CCM) in a research note published on Sunday morning. The brokerage issued a sell rating on the stock.

Concord Medical Services Stock Performance

Shares of Concord Medical Services stock opened at $4.41 on Friday. The stock has a fifty day simple moving average of $4.79 and a 200 day simple moving average of $5.47. Concord Medical Services has a 12-month low of $3.82 and a 12-month high of $26.70. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 1.15.

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.