Community Health Systems, Inc (NYSE:CYH) price on current trading day, fall -1.80% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.73.
A look at the stock’s price movement, the close in the last trading session was $2.78, moving within a range at $2.67 and $2.855. The beta value (5-Year monthly) was 1.82. Turning to its 52-week performance, $6.29 and $2.53 were the 52-week high and 52-week low respectively. Overall, CYH moved -18.51% over the past month.
Community Health Systems, Inc’s market cap currently stands at around $383.27 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-17.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CYH is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 3 recommend CYH as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
CYH’s current price about -10.92% and -14.09% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 39.51, while 7-day volatility ratio is 5.64% and 8.13% in the 30-day chart. Further, Community Health Systems, Inc (CYH) has a beta value of 1.71, and an average true range (ATR) of 0.21. Analysts have given the company’s stock an average 52-week price target of $10, forecast between a low of $5 and high of $19. Looking at the price targets, the low is -83.15% off current price level while to achieve the yearly target high, price needs to move -595.97%. Nonetheless, investors will most likely welcome a -266.3% jump to $10 which is the analysts’ median price.
If we refocus on Community Health Systems, Inc (NYSE:CYH), historical trading data shows that trading volumes averaged 2.21 over the past 10 days and 2.53 million over the past 3 months. The company’s latest data on shares outstanding shows there are 138.92 million shares.
The 13.85% of Community Health Systems, Inc’s shares are in the hands of company insiders while institutional holders own 78.16% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 13.07 million on 2025-02-28, giving us a short ratio of 4.03. The data shows that as of 2025-02-28 short interest in Community Health Systems, Inc (CYH) stood at 1039.0 of shares outstanding, with shares short rising to 12.9 million registered in 2025-01-31. Current price change has pushed the stock -8.70% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CYH stock continues to rise going into the next quarter.
