Concord Medical Services Stock Set to Reverse Split on Tuesday, July 30th (NYSE:CCM)

Concord Medical Services Holdings Limited (NYSE:CCM)’s stock is going to reverse split on Tuesday, July 30th. The 1-10 reverse split was announced on Tuesday, July 30th. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, July 30th.

Concord Medical Services Stock Down 1.8 %

Shares of NYSE CCM opened at $0.69 on Friday. Concord Medical Services has a one year low of $0.38 and a one year high of $2.67. The company has a quick ratio of 0.30, a current ratio of 0.32 and a debt-to-equity ratio of 1.14. The stock’s fifty day moving average price is $0.79 and its two-hundred day moving average price is $0.70.

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.