Concord Medical Services Holdings Limited (CCM) was a big mover last session, as the company saw its shares rise nearly 11% 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 $7.81 to $8.56 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Concord Medical Services Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the medical sector include Acadia Healthcare Company, Inc. (ACHC), Allergan Inc. (AGN) and Aetna Inc. (AET). While Acadia Healthcare and Allergan sport a Zacks Rank #1 (Strong Buy), Aetna has a Zacks Rank #2 (Buy).
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