Concord Medical Services Hldg traded at $3.58 this Thursday February 19th, decreasing $0.03 or 0.83 percent since the previous trading session. Looking back, over the last four weeks, Concord Medical Services Hldg lost 11.60 percent. Over the last 12 months, its price fell by 22.17 percent. Looking ahead, we forecast Concord Medical Services Hldg to be priced at 0.62 by the end of this quarter and at 0.58 in one year, according to Trading Economics global macro models projections and analysts expectations.
Concord Medical Services Holdings Limited is engaged in the leasing of radiotherapy and diagnostic imaging equipment, the provision of management services to hospitals. The Company is also engaged in hospital operations. The Company's segments are network and premium cancer hospital. The Company operates a network of radiotherapy and diagnostic imaging centers in China. Its network consists of approximately 130 cooperative centers based in over 70 hospitals, spanning approximately 60 cities across 25 provinces and administrative regions in China. Its network includes approximately 60 radiotherapy centers and over 60 diagnostic imaging centers and approximately seven centers. The Company's cooperative centers are equipped with a primary unit of medical equipment, such as a linear accelerator, head gamma knife system, body gamma knife system, positron emission tomography-computed tomography (PET-CT) scanner or magnetic resonance imaging (MRI) scanner.