Community Health Systems Inc. (NYSE:CYH) went up by 9.56% from its latest closing price compared to the recent 1-year high of $17.04. The company’s stock price has collected 1.17% of gains in the last five trading sessions. Press Release reported on 07/15/21 that Community Health Systems to Webcast Second Quarter 2021 Conference Call
Is It Worth Investing in Community Health Systems Inc. (NYSE :CYH) Right Now?
Community Health Systems Inc. (NYSE:CYH) scored a price-to-earnings ratio above its average ratio, recording 4.29 x from its present earnings ratio. Plus, the 36-month beta value for CYH is at 1.93. Opinions of the stock are interesting as 3 analysts out of 11 who provided ratings for Community Health Systems Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 6 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $13.44, which is -$3.39 below the current price. CYH currently public float of 122.01M and currently shorts hold a 4.37% ratio of that float. Today, the average trading volume of CYH was 2.12M shares.
CYH’s Market Performance
CYH stocks went up by 1.17% for the week, with a monthly jump of 5.55% and a quarterly performance of 61.22%, while its annual performance rate touched 346.70%. The volatility ratio for the week stands at 6.13% while the volatility levels for the past 30 days are set at 5.30% for Community Health Systems Inc.. The simple moving average for the period of the last 20 days is 0.23% for CYH stocks with a simple moving average of 49.03% for the last 200 days.
Analysts’ Opinion of CYH
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see CYH reach a price target of $21, previously predicting the price at $12. The rating they have provided for CYH stocks is “Outperform” according to the report published on June 10th, 2021.
Jefferies gave a rating of “Buy” to CYH, setting the target price at $18 in the report published on May 05th of the current year.
CYH Trading at 2.96% from the 50-Day Moving Average
After a stumble in the market that brought CYH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.51% of loss for the given period.
Volatility was left at 5.30%, however, over the last 30 days, the volatility rate increased by 6.13%, as shares sank -3.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.43% upper at present.
During the last 5 trading sessions, CYH rose by +1.17%, which changed the moving average for the period of 200-days by +260.88% in comparison to the 20-day moving average, which settled at $15.53. In addition, Community Health Systems Inc. saw 109.83% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CYH starting from FRY JOHN A, who sale 31,500 shares at the price of $15.55 back on Jun 09. After this action, FRY JOHN A now owns 106,630 shares of Community Health Systems Inc., valued at $489,856 using the latest closing price.
JENNINGS WILLIAM NORRIS, the Director of Community Health Systems Inc., sale 30,000 shares at $15.51 during a trade that took place back on Jun 01, which means that JENNINGS WILLIAM NORRIS is holding 67,112 shares at $465,300 based on the most recent closing price.
Stock Fundamentals for CYH
Current profitability levels for the company are sitting at:
- +4.89 for the present operating margin
- +4.89 for the gross margin
The net margin for Community Health Systems Inc. stands at +4.33. The total capital return value is set at 4.77, while invested capital returns managed to touch 4.51. Equity return is now at value -23.00, with 2.70 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 1.07, with the company’s debt to enterprise value settled at 1.02. The receivables turnover for the company is 5.29 and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.60.