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As of close of business last night, Community Health Systems, Inc.’s stock clocked out at $3.40, down -0.87% from its previous closing price of $3.43. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 0.5 million shares were traded. CYH stock price reached its highest trading level at $3.48 during the session, while it also had its lowest trading level at $3.36.
Ratios:
To gain a deeper understanding of CYH’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 468315392 and an Enterprise Value of 13175949312. 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 9.847.
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 -1.79%, while the 200-Day Moving Average is calculated to be 8.52%.
Shares Statistics:
It appears that CYH traded 1.62M shares on average per day over the past three months and 2039670 shares per day over the past ten days. A total of 136.77M shares are outstanding, with a floating share count of 124.59M. Insiders hold about 10.34% of the company’s shares, while institutions hold 72.55% stake in the company. Shares short for CYH as of 1718323200 were 6837491 with a Short Ratio of 4.23, compared to 1715731200 on 6679623. Therefore, it implies a Short% of Shares Outstanding of 6837491 and a Short% of Float of 5.43.
