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 research report issued on Saturday. The firm set a “sell” rating on the stock.

Concord Medical Services Trading Down 11.3 %

Shares of CCM stock opened at $4.70 on Friday. 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 twelve month low of $3.82 and a twelve month high of $26.70. The company’s 50-day moving average price is $5.05 and its 200-day moving average price is $6.54.

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.