In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
As of close of business last night, Community Health Systems, Inc’s stock clocked out at $3.10, down -1.90% from its previous closing price of $3.16. In other words, the price has decreased by -$1.90 from its previous closing price. On the day, 1.63 million shares were traded. CYH stock price reached its highest trading level at $3.16 during the session, while it also had its lowest trading level at $3.0.
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 1.32 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 the company, Wells Fargo on November 25, 2024, Downgraded its rating to Underweight and sets its target price to $2.50 from $5 previously.
On March 06, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $3.Barclays initiated its Equal Weight rating on March 06, 2024, with a $3 target price.
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 430738784 and an Enterprise Value of 13066365952. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04. Its current Enterprise Value per Revenue stands at 1.041 whereas that against EBITDA is 10.843.
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 $2.51. The 50-Day Moving Average of the stock is -24.08%, while the 200-Day Moving Average is calculated to be -24.70%.
Shares Statistics:
It appears that CYH traded 2.51M shares on average per day over the past three months and 5508020 shares per day over the past ten days. A total of 138.94M shares are outstanding, with a floating share count of 118.97M. Insiders hold about 14.38% of the company’s shares, while institutions hold 73.37% stake in the company. Shares short for CYH as of 1732838400 were 8026343 with a Short Ratio of 3.20, compared to 1730332800 on 7498627. Therefore, it implies a Short% of Shares Outstanding of 8026343 and a Short% of Float of 6.38.
