Community Health Systems, Inc [NYSE: CYH] surged by $0.19 during the normal trading session on while it closed the day at $3.44.
Community Health Systems, Inc stock has also gained 3.61% of its value over the past 7 days. However, CYH stock has declined by -18.10% in the 3 months of the year. Over the past six months meanwhile, it has lost -28.63% and gained 15.05% year-on date.
The market cap for CYH stock reached $477.98 million, with 138.94 million shares outstanding and 118.89 million shares in the current float. Compared to the average trading volume of 2.58M shares, CYH reached a trading volume of 3066131 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $4.42 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 2.78. 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.
Wells Fargo have made an estimate for Community Health Systems, Inc shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on November 25, 2024. The new note on the price target was released on November 22, 2024, representing the official price target for Community Health Systems, Inc stock. Previously, the target price had yet another raise to $3, while Barclays analysts kept a Equal Weight rating on CYH stock.
The Average True Range (ATR) for Community Health Systems, Inc is set at 0.16, with the Price to Sales ratio for CYH stock in the period of the last 12 months amounting to 0.04.
CYH stock trade performance evaluation
Community Health Systems, Inc [CYH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.61. With this latest performance, CYH shares gained by 12.05% in over the last four-week period, additionally sinking by -28.63% over the last 6 months – not to mention a drop of -8.99% 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 59.29, with the RSI for the last a single of trading hit 65.41, and the three-weeks RSI is set at 53.54 for Community Health Systems, Inc [CYH]. The present Moving Average for the last 50 days of trading for this stock 3.27, while it was recorded at 3.27 for the last single week of trading, and 4.13 for the last 200 days.
Community Health Systems, Inc [CYH]: An insightful look at the core fundamentals
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]: Institutional Ownership
There are presently around $80.79%, or 88.05%% 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%.
