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

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

Concord Medical Services Price Performance

NYSE CCM opened at $4.50 on Friday. 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 one year low of $3.82 and a one year high of $26.70. The company has a 50-day simple moving average of $5.30 and a 200-day simple moving average of $6.62.

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.