Community Health Systems, Inc. [NYSE: CYH] loss -23.42% on the last trading session, reaching $4.25 price per share at the time.
If compared to the average trading volume of 1.55M shares, CYH reached a trading volume of 8327469 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Here is what top equities market gurus are saying about Community Health Systems, Inc. [CYH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CYH shares is $5.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CYH stock is a recommendation set at 2.33. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for Community Health Systems, Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on March 06, 2024. While these analysts kept the previous recommendation, Loop Capital raised their target price to Hold. The new note on the price target was released on June 17, 2022, representing the official price target for Community Health Systems, Inc. stock. Previously, the target price had yet another drop from $7.50 to $5.50, while BofA Securities kept a Neutral rating on CYH stock.
The Average True Range (ATR) for Community Health Systems, Inc. is set at 0.36, with the Price to Sales ratio for CYH stock in the period of the last 12 months amounting to 0.05.
Trading performance analysis for CYH stock
Community Health Systems, Inc. [CYH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -29.05. With this latest performance, CYH shares dropped by -29.75% in over the last four-week period, additionally plugging by 30.77% over the last 6 months – not to mention a rise of 66.02% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CYH stock in for the last two-week period is set at 27.69, with the RSI for the last a single of trading hit 20.97, and the three-weeks RSI is set at 33.21 for Community Health Systems, Inc. [CYH]. The present Moving Average for the last 50 days of trading for this stock 5.53, while it was recorded at 5.40 for the last single week of trading, and 4.06 for the last 200 days.
Community Health Systems, Inc. [CYH]: A deeper dive into fundamental analysis
Community Health Systems, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.32 and a Current Ratio set at 1.46.
Community Health Systems, Inc. [CYH]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, Community Health Systems, Inc. posted -0.41/share EPS, while the average EPS was predicted by analysts to be reported at 0.06/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.47. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CYH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Community Health Systems, Inc. go to -7.95%.
An analysis of Institutional ownership at Community Health Systems, Inc. [CYH]
There are presently around $77.39%, or 84.30%% of CYH stock, in the hands of institutional investors. The top three institutional holders of CYH stocks are: BLACKROCK INC. with ownership of 9.36 million shares, which is approximately 7.132%. VANGUARD GROUP INC, holding 9.08 million shares of the stock with an approximate value of $$30.52 million in CYH stocks shares; and VANGUARD GROUP INC, currently with $$27.9 million in CYH stock with ownership which is approximately 6.3245%.