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 Saturday. The firm set a “sell” rating on the stock.

Concord Medical Services Stock Down 1.6 %

Shares of Concord Medical Services stock opened at $5.00 on Friday. 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 stock’s 50-day simple moving average is $6.57 and its 200-day simple moving average is $7.10. Concord Medical Services has a 52 week low of $3.82 and a 52 week 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.