Concord Medical Services Holdings Limited (CCM) Shares Up 10.6%
Concord Medical Services Holdings Limited (NYSE:CCM)’s share price rose 10.6% on Monday . The company traded as high as $4.45 and last traded at $4.29, with a volume of 124,291 shares changing hands. The stock had previously closed at $3.88.
CCM has been the subject of a number of analyst reports. TheStreet cut shares of Concord Medical Services Holdings Limited from a “hold” rating to a “sell” rating in a research report on Tuesday, April 19th. Zacks Investment Research lowered shares of Concord Medical Services Holdings Limited from a “hold” rating to a “strong sell” rating in a research note on Wednesday, May 11th.
The firm has a 50 day moving average of $3.80 and a 200-day moving average of $4.49. The firm’s market cap is $188.50 million.
Concord Medical Services Holdings Limited (NYSE:CCM) last released its quarterly earnings results on Monday, May 23rd. The company reported $0.10 earnings per share for the quarter, missing analysts’ consensus estimates of $0.12 by $0.02. Equities research analysts expect that Concord Medical Services Holdings Limited will post ($0.73) EPS for the current year.
Concord Medical Services Holdings Limited (Concord Medical) is a China-based holding company. The Company, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in China. The Company’s network consists of around 139 centers based in 80 hospitals, spanning 56 cities across 25 provinces and administrative regions in China.
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