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

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

Concord Medical Services Stock Up 2.0 %

NYSE:CCM opened at $4.80 on Friday. Concord Medical Services has a 52 week low of $3.82 and a 52 week high of $26.70. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.46 and a current ratio of 0.47. The stock’s 50-day moving average price is $4.86 and its 200-day moving average price is $6.32.

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.