Community Health Systems, Inc. (NYSE: CYH) kicked off on Friday, up 5.00% from the previous trading day, before settling in for the closing price of $3.20. Over the past 52 weeks, CYH has traded in a range of $2.01-$5.20.
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Healthcare Sector giant saw their annual sales slid by -2.30% over the last five years. While this was happening, its average annual earnings per share was recorded 79.75%. With a float of $124.59 million, this company’s outstanding shares have now reached $136.77 million.
The firm has a total of 61000 workers. Let’s measure their productivity.
Community Health Systems, Inc. (CYH) Insider Activity
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 10.34%, while institutional ownership is 72.56%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 79.75% 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)
Analysing the last 5-days average volume posted by the [Community Health Systems, Inc., CYH], we can find that recorded value of 2.69 million was better than the volume posted last year of 1.89 million. As of the previous 9 days, the stock’s Stochastic %D was 42.74%. 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 50.00%, which indicates a significant increase from 43.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 65.92% in the past 14 days, which was lower than the 82.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.44, while its 200-day Moving Average is $3.13. Now, the first resistance to watch is $3.44. This is followed by the second major resistance level at $3.51. The third major resistance level sits at $3.63. If the price goes on to break the first support level at $3.25, it is likely to go to the next support level at $3.13. Should the price break the second support level, the third support level stands at $3.06.
Community Health Systems, Inc. (NYSE: CYH) Key Stats
The company with the Market Capitalisation of 466.94 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.
