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

StockNews.com assumed coverage on shares of Concord Medical Services (NYSE:CCM) in a note issued to investors on Monday. The brokerage set a “sell” rating on the stock.

Concord Medical Services Stock Up 3.6 %

Shares of NYSE CCM opened at $4.04 on Monday. Concord Medical Services has a 12-month low of $3.80 and a 12-month 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 firm has a 50 day moving average of $4.70 and a 200 day moving average of $5.40.

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.