Concord Medical Services Holdings (CCM) in Focus: Stock Moves 9.3% Higher – Tale of the Tape

March 6, 2014 Technicals 0

Zacks

Concord Medical Services Holdings Ltd. (CCM) was a big mover last session, as the company saw its shares rise by over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 80% in the past one-month time frame.

This company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action 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 #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the healthcare industry include Almost Family Inc. (AFAM), Brookdale Senior Living Inc. (BKD) and Kindred Healthcare Inc. (KND). While Almost Family and Brookdale Senior Living hold a Zacks Rank #1 (Strong Buy), Kindred Healthcare carries a Zacks Rank #2 (Buy).

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