Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The closing price of Community Health Systems, Inc (NYSE: CYH) was $4.42 for the day, up 0.91% from the previous closing price of $4.38. In other words, the price has increased by $0.91 from its previous closing price. On the day, 1.73 million shares were traded. CYH stock price reached its highest trading level at $4.53 during the session, while it also had its lowest trading level at $4.28.
Ratios:
Our analysis of CYH’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.46.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on March 06, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $3.
On June 17, 2022, Loop Capital started tracking the stock assigning a Hold rating and target price of $5.
BofA Securities Downgraded its Buy to Neutral on June 15, 2022, whereas the target price for the stock was revised from $7.50 to $5.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CYH now has a Market Capitalization of 614150144 and an Enterprise Value of 13233181696. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05. Its current Enterprise Value per Revenue stands at 1.054 whereas that against EBITDA is 10.982.
Stock Price History:
Over the past 52 weeks, CYH has reached a high of $6.29, while it has fallen to a 52-week low of $2.28. The 50-Day Moving Average of the stock is -18.07%, while the 200-Day Moving Average is calculated to be 8.32%.
Shares Statistics:
CYH traded an average of 1.52M shares per day over the past three months and 2967080 shares per day over the past ten days. A total of 136.77M shares are outstanding, with a floating share count of 122.33M. Insiders hold about 11.96% of the company’s shares, while institutions hold 75.65% stake in the company. Shares short for CYH as of 1728950400 were 7158386 with a Short Ratio of 4.70, compared to 1726185600 on 7279200. Therefore, it implies a Short% of Shares Outstanding of 7158386 and a Short% of Float of 5.6900002.
