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

Equities 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 Trading Up 2.1 %

Shares of NYSE:CCM opened at $4.53 on Friday. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 1.15. The company has a 50 day moving average of $4.80 and a 200-day moving average of $5.49. Concord Medical Services has a one year low of $3.82 and a one year 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.