Concord Medical Services Holdings Limited (NYSE:CCM) shares saw strong trading volume on Monday . 117,517 shares changed hands during mid-day trading, an increase of 132% from the previous session’s volume of 50,664 shares.The stock last traded at $4.39 and had previously closed at $4.38.

A number of equities analysts recently weighed in on the stock. 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. TheStreet lowered shares of Concord Medical Services Holdings Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, April 19th.

The firm has a 50-day moving average price of $3.88 and a 200 day moving average price of $4.46. The company’s market capitalization is $191.51 million.

Concord Medical Services Holdings Limited (NYSE:CCM) last issued its 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. On average, equities research analysts predict that Concord Medical Services Holdings Limited will post ($0.73) earnings per share 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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