Concord Medical Services Holdings Limited (CCM) Trading Up 10.6%
Shares of Concord Medical Services Holdings Limited (NYSE:CCM) were up 10.6% on Monday . The stock traded as high as $4.45 and last traded at $4.29, with a volume of 124,291 shares trading hands. The stock had previously closed at $3.88.
Several analysts have weighed in on CCM shares. 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 company has a 50-day moving average of $3.83 and a 200-day moving average of $4.47. The stock’s market capitalization is $190.85 million.
Concord Medical Services Holdings Limited (NYSE:CCM) last announced its quarterly earnings results on Monday, May 23rd. The company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.12 by $0.02. Equities research analysts expect that Concord Medical Services Holdings Limited will post ($0.73) EPS for the current fiscal 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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