Concord Medical Services (CCM) in Focus: Stock Up 5.4% - Tale of the Tape
Concord Medical Services Holdings Limited ( CCM ) was a big mover last session, as its shares rose over 5% 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 $5.35 to $5.50 in the past one-month time frame.
In the last 30 days, the company did not witness any estimate revision and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Concord Medical Services currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the medical industry include Affymetrix Inc. ( AFFX ), Align Technology Inc. ( ALGN ) and Akorn, Inc. ( AKRX ). All three companies carry a Zacks Rank #1 (Strong Buy).
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