On Monday, Community Health Systems, Inc. (NYSE: CYH) opened lower -3.36% from the last session, before settling in for the closing price of $5.95. Price fluctuations for CYH have ranged from $2.01 to $6.29 over the past 52 weeks.
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During the last 5-year period, the sales drop of Healthcare Sector giant was -2.30%. Company’s average yearly earnings per share was noted 72.35% at the time writing. With a float of $122.32 million, this company’s outstanding shares have now reached $136.77 million.
Let’s determine the extent of company efficiency that accounts for 61000 employees. In terms of profitability, gross margin is 24.46%, operating margin of 7.95%, and the pretax margin is 1.85%.
Community Health Systems, Inc. (CYH) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Medical Care Facilities industry is another important factor to consider. The insider ownership of Community Health Systems, Inc. is 11.96%, while institutional ownership is 73.53%. 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) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.33 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.18) by -0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 72.35% 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
Check out the current performance indicators for Community Health Systems, Inc. (CYH). In the past quarter, the stock posted a quick ratio of 1.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.06.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit -0.19 in the next quarter and is forecasted to reach 0.16 in one year’s time.
Technical Analysis of Community Health Systems, Inc. (CYH)
Looking closely at Community Health Systems, Inc. (NYSE: CYH), its last 5-days average volume was 1.64 million, which is a drop from its year-to-date volume of 1.75 million. As of the previous 9 days, the stock’s Stochastic %D was 80.92%. Additionally, its Average True Range was 0.27.
During the past 100 days, Community Health Systems, Inc.’s (CYH) raw stochastic average was set at 84.07%, which indicates a significant increase from 62.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.38% in the past 14 days, which was higher than the 55.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.52, while its 200-day Moving Average is $4.03. However, in the short run, Community Health Systems, Inc.’s stock first resistance to watch stands at $5.94. Second resistance stands at $6.13. The third major resistance level sits at $6.27. If the price goes on to break the first support level at $5.60, it is likely to go to the next support level at $5.46. Now, if the price goes above the second support level, the third support stands at $5.27.
Community Health Systems, Inc. (NYSE: CYH) Key Stats
There are currently 138,966K shares outstanding in the company with a market cap of 798.90 million. Presently, the company’s annual sales total 12,490 M according to its annual income of -133,000 K. Last quarter, the company’s sales amounted to 3,140 M and its income totaled -13,000 K.
