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Tale of the Tape

Zacks Equity Research

Concord Medical (CCM) Catches Eye: Stock Rises by 7.9%
November 29, 2016

CCM GEN

Trades from $3

Concord Medical Services Holdings Limited(CCM - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.20 to $4.43 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Concord Medical currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked stock in the same industry is Genesis Healthcare, Inc. (GEN - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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