Community Health Systems, Inc. (NYSE: CYH) kicked off on Tuesday, down -2.67% from the previous trading day, before settling in for the closing price of $3.75. Over the past 52 weeks, CYH has traded in a range of $2.01-$5.20.
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Annual sales at Healthcare sector company slipped by -2.30% over the past five years. While this was happening, its average annual earnings per share was recorded 79.74%. With a float of $124.36 million, this company’s outstanding shares have now reached $136.77 million.
Let’s look at the performance matrix of the company that is accounted for 61000 employees.
Community Health Systems, Inc. (CYH) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Medical Care Facilities Industry. The insider ownership of Community Health Systems, Inc. is 10.51%, while institutional ownership is 72.63%. The most recent insider transaction that took place on Oct 31 ’23, was worth 2,110,000. In this transaction Director of this company bought 1,000,000 shares at a rate of $2.11, taking the stock ownership to the 5,107,901 shares.
Community Health Systems, Inc. (CYH) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 79.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.95% during the next five years compared to 31.96% growth over the previous five years of trading.
Community Health Systems, Inc. (NYSE: CYH) Trading Performance Indicators
Take a look at Community Health Systems, Inc.’s (CYH) current performance indicators. Last quarter, stock had a quick ratio of 1.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.95, a number that is poised to hit -0.11 in the next quarter and is forecasted to reach 0.23 in one year’s time.
Technical Analysis of Community Health Systems, Inc. (CYH)
Community Health Systems, Inc. (NYSE: CYH) saw its 5-day average volume 0.86 million, a negative change from its year-to-date volume of 1.88 million. As of the previous 9 days, the stock’s Stochastic %D was 45.43%. Additionally, its Average True Range was 0.19.
During the past 100 days, Community Health Systems, Inc.’s (CYH) raw stochastic average was set at 67.06%, which indicates a significant increase from 33.33% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.36% in the past 14 days, which was lower than the 81.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.38, while its 200-day Moving Average is $3.13. Nevertheless, the first resistance level for the watch stands at $3.72 in the near term. At $3.80, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.88. If the price goes on to break the first support level at $3.56, it is likely to go to the next support level at $3.48. Assuming the price breaks the second support level, the third support level stands at $3.40.
Community Health Systems, Inc. (NYSE: CYH) Key Stats
The company with the Market Capitalisation of 507.24 million has total of 138,966K Shares Outstanding. Its annual sales at the moment are 12,490 M in contrast with the sum of -133,000 K annual income. Company’s last quarter sales were recorded 3,140 M and last quarter income was -41,000 K.
