Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The price of Community Health Systems, Inc. (NYSE: CYH) closed at $3.38 in the last session, down -1.17% from day before closing price of $3.42. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 0.83 million shares were traded. CYH stock price reached its highest trading level at $3.5 during the session, while it also had its lowest trading level at $3.35.
Ratios:
We take a closer look at CYH’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.49.
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.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 31 ’23 when SMITH WAYNE T bought 1,000,000 shares for $2.11 per share. The transaction valued at 2,110,000 led to the insider holds 5,107,901 shares of the business.
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 475265216 and an Enterprise Value of 13177272320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04. Its current Enterprise Value per Revenue stands at 1.052 whereas that against EBITDA is 9.848.
Stock Price History:
Over the past 52 weeks, CYH has reached a high of $5.20, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 10.65%, while the 200-Day Moving Average is calculated to be 6.63%.
Shares Statistics:
According to the various share statistics, CYH traded on average about 2.15M shares per day over the past 3-months and 2136200 shares per day over the past 10 days. A total of 136.77M shares are outstanding, with a floating share count of 125.86M. Insiders hold about 9.43% of the company’s shares, while institutions hold 71.16% stake in the company. Shares short for CYH as of 1713139200 were 6501231 with a Short Ratio of 3.02, compared to 1710460800 on 7413055. Therefore, it implies a Short% of Shares Outstanding of 6501231 and a Short% of Float of 5.17.
