How to buy Concord Medical Services stock | $2.5

Concord Medical Services Holdings Limited is a medical care facilities business based in the US. Concord Medical Services shares (CCM) are listed on the NYSE and all prices are listed in US Dollars. Concord Medical Services employs 738 staff and has a trailing 12-month revenue of around 0.00.

Concord Medical Services stock price (NYSE: CCM)

Use our graph to track the performance of CCM stocks over time.

Concord Medical Services shares at a glance

• Key figures

Information last updated 2021-10-17.

Latest market close	$2.50
52-week range	$1.68 - $4.70
50-day moving average	$2.90
200-day moving average	$3.08
Wall St. target price	$1.20
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-2.38

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Is it a good time to buy Concord Medical Services stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Concord Medical Services price performance over time

Historical closes compared with the close of $2.5 from 2021-10-20

1 week (2021-10-15)	-9.09%
1 month (2021-09-22)	-16.94%
3 months (2021-07-22)	-5.66%
6 months (2021-04-22)	-32.43%

1 year (2020-10-22)	17.37%
2 years (2019-10-22)	9.65%
3 years (2018-10-22)	3.27
5 years (2016-10-21)	4.37

Concord Medical Services financials

Revenue TTM	$223 million
Gross profit TTM	$13.1 million
Return on assets TTM	-3.99%
Return on equity TTM	-18.83%
Profit margin	-139%
Book value	$2.81
Market capitalisation	$119.4 million

TTM: trailing 12 months

Shorting Concord Medical Services shares

There are currently 2,958 Concord Medical Services shares held short by investors – that's known as Concord Medical Services's "short interest". This figure is 36.2% down from 4,638 last month.

There are a few different ways that this level of interest in shorting Concord Medical Services shares can be evaluated.

Concord Medical Services's "short interest ratio" (SIR)

Concord Medical Services's "short interest ratio" (SIR) is the quantity of Concord Medical Services shares currently shorted divided by the average quantity of Concord Medical Services shares traded daily (recently around 8963.6363636364). Concord Medical Services's SIR currently stands at 0.33. In other words for every 100,000 Concord Medical Services shares traded daily on the market, roughly 330 shares are currently held short.

However Concord Medical Services's short interest can also be evaluated against the total number of Concord Medical Services shares, or, against the total number of tradable Concord Medical Services shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Concord Medical Services's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Concord Medical Services shares in existence, roughly 0 shares are currently held short) or 0.0002% of the tradable shares (for every 100,000 tradable Concord Medical Services shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Concord Medical Services.

Find out more about how you can short Concord Medical Services stock.

Concord Medical Services share dividends

We're not expecting Concord Medical Services to pay a dividend over the next 12 months.

Have Concord Medical Services's shares ever split?

Concord Medical Services's shares were split on a 11384:1000 basis on 15 January 2014. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 11384 shares. This wouldn't directly have changed the overall worth of your Concord Medical Services shares – just the quantity. However, indirectly, the new 91.2% lower share price could have impacted the market appetite for Concord Medical Services shares which in turn could have impacted Concord Medical Services's share price.

Concord Medical Services share price volatility

Over the last 12 months, Concord Medical Services's shares have ranged in value from as little as $1.68 up to $4.7. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Concord Medical Services's is 0.0307. This would suggest that Concord Medical Services's shares are less volatile than average (for this exchange).

Concord Medical Services overview

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. The company operates in Network and Hospital segments. The company's services comprise linear accelerators external beam radiotherapy, gamma knife radiosurgery, head gamma knife systems, body gamma knife systems, and diagnostic imaging services. It also offers other treatments and diagnostic services comprising electroencephalography for the diagnosis of epilepsy; thermotherapy for pain relief after radiotherapy and chemotherapy; ultrasound therapy for the treatment of cancer; stereotactic radiofrequency ablation for the treatment of Parkinson's disease; and refraction and tonometry for the diagnosis of ophthalmic conditions. In addition, the company provides clinical support services, including developing treatment protocols for doctors; and organizing joint diagnosis between doctors in its network and clinical research. Further, it offers radiotherapy and diagnostic equipment leasing and management services to hospitals, as well as tele-consulting services; and sells medical equipment. Additionally, the company establishes the Beijing Proton Medical Center that provides radiotherapy treatment options to cancer patients; and other specialty cancer hospitals, which offer radiotherapy services, diagnostic imaging services, chemotherapy, and surgery.

Frequently asked questions

What percentage of Concord Medical Services is owned by insiders or institutions?
Currently 1.44% of Concord Medical Services shares are held by insiders and 0.863% by institutions. How many people work for Concord Medical Services?
Latest data suggests 738 work at Concord Medical Services. When does the fiscal year end for Concord Medical Services?
Concord Medical Services's fiscal year ends in December. Where is Concord Medical Services based?
Concord Medical Services's address is: Tower A, Global Trade Center, Beijing, China, 100013 What is Concord Medical Services's ISIN number?
Concord Medical Services's international securities identification number is: US2062771058 What is Concord Medical Services's CUSIP number?
Concord Medical Services's Committee on Uniform Securities Identification Procedures number is: 206277105