In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Concord Medical Services ADR (NYSE: CCM) closed at $5.31 down -9.39% from its previous closing price of $5.86. In other words, the price has decreased by -$9.39 from its previous closing price. On the day, 0.48 million shares were traded. CCM stock price reached its highest trading level at $5.96 during the session, while it also had its lowest trading level at $5.31.
Ratios:
For a deeper understanding of Concord Medical Services ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.41 and its Current Ratio is at 0.42.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for this company, Brean Murray on December 01, 2010, initiated with a Buy rating and assigned the stock a target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCM now has a Market Capitalization of 23054548 and an Enterprise Value of 8302489088. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.30. Its current Enterprise Value per Revenue stands at 22.699 whereas that against EBITDA is -23.27.
Stock Price History:
The Beta on a monthly basis for CCM is -1.06, which has changed by -0.32784808 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, CCM has reached a high of $10.77, while it has fallen to a 52-week low of $3.80. The 50-Day Moving Average of the stock is -4.75%, while the 200-Day Moving Average is calculated to be -2.44%.
Shares Statistics:
For the past three months, CCM has traded an average of 13.10K shares per day and 70050 over the past ten days. A total of 2.82M shares are outstanding, with a floating share count of 2.38M. Insiders hold about 15.51% of the company’s shares, while institutions hold 2.47% stake in the company. Shares short for CCM as of 1759190400 were 2369 with a Short Ratio of 0.18, compared to 1756425600 on 3029. Therefore, it implies a Short% of Shares Outstanding of 2369 and a Short% of Float of 0.16999999999999998.
