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

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

Concord Medical Services Stock Down 0.5 %

Shares of NYSE CCM opened at $7.41 on Friday. Concord Medical Services has a one year low of $3.80 and a one year 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 business has a 50-day moving average price of $4.87 and a two-hundred day moving average price of $5.06.

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.