Concord Medical Services (NYSE:CCM) Shares Cross Above 200-Day Moving Average – Should You Sell?

Concord Medical Services Holdings Limited (NYSE:CCMGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $5.73 and traded as high as $5.98. Concord Medical Services shares last traded at $5.77, with a volume of 145 shares trading hands.

Concord Medical Services Stock Down 6.1%

The stock’s fifty day moving average price is $5.50 and its 200-day moving average price is $5.73.

About Concord Medical Services

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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.

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