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

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

Concord Medical Services Trading Down 7.7 %

NYSE:CCM opened at $4.50 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. Concord Medical Services has a twelve month low of $3.82 and a twelve month high of $26.70. The company has a fifty day moving average of $6.56 and a 200-day moving average of $7.08.

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.