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

StockNews.com began coverage on shares of Concord Medical Services (NYSE:CCM) in a research note released on Thursday morning. The brokerage issued a sell rating on the stock.

Concord Medical Services Stock Performance

CCM stock opened at $4.79 on Thursday. The company has a 50-day simple moving average of $4.83 and a 200 day simple moving average of $5.82. 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 fifty-two week low of $3.82 and a fifty-two week high of $26.70.

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.