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

Investment analysts at StockNews.com began coverage on shares of Concord Medical Services (NYSE:CCM) in a research note issued to investors on Thursday. The firm set a “sell” rating on the stock.

Concord Medical Services Trading Down 2.4 %

Concord Medical Services stock opened at $4.20 on Thursday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.46 and a current ratio of 0.47. Concord Medical Services has a 12-month low of $3.80 and a 12-month high of $26.70. The firm has a 50-day moving average price of $4.45 and a 200-day moving average price of $5.19.

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.