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

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

Concord Medical Services Stock Performance

Shares of CCM opened at $7.90 on Tuesday. Concord Medical Services has a fifty-two week low of $3.82 and a fifty-two week 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 company’s fifty day moving average is $6.62 and its 200 day moving average is $6.98.

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.