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Tale of the Tape

Zacks Equity Research

Concord Medical Services (CCM) in Focus: Stock Up 5.9%
October 05, 2016

BKD CCM

Trades from $3

Concord Medical Services Holdings Limited (CCM - Free Report) was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This breaks the recent trend of the company since Sep 16, as the stock is now trading above the volatile price range of $3.80 to $4.02 in the past one-month time frame.

In the last 30 days, the company has seen one downward estimate revision and the Zacks Consensus Estimate also moved lower, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.      

Concord Medical Services currently carries a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.

Another well-ranked Medical/Nursing-HMS stock is Brookdale Senior Living Inc. (BKD - Free Report) , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CCM going up? Or down? Predict to see what others think: Up or Down

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