Concord Medical Services Stock Set to Reverse Split on Tuesday, July 30th (NYSE:CCM)

Concord Medical Services Holdings Limited (NYSE:CCM) shares are going to reverse split on the morning of Tuesday, July 30th. The 1-10 reverse split was announced on Tuesday, July 30th. The number of shares owned by shareholders will be adjusted after the market closes on Tuesday, July 30th.

Concord Medical Services Stock Performance

Shares of NYSE CCM opened at $0.84 on Monday. The firm’s 50-day moving average price is $0.78 and its 200-day moving average price is $0.71. Concord Medical Services has a 52-week low of $0.38 and a 52-week high of $2.67. The company has a quick ratio of 0.30, a current ratio of 0.32 and a debt-to-equity ratio of 1.14.

About Concord Medical Services

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers in the People's Republic of China. It operates in two segments, Network and Hospital. The company's services include linear accelerators and external beam radiotherapy, proton therapy system, gamma knife radiosurgery, and diagnostic imaging services.