The -13.88% Decline of Community Health Systems, Inc.’s (CYH) Stock in the Past Quarter

The stock of Community Health Systems, Inc. (CYH) has gone up by 6.43% for the week, with a -2.26% drop in the past month and a 42.89% rise in the past quarter. The volatility ratio for the week is 3.80%, and the volatility levels for the past 30 days are 4.93% for CYH. The simple moving average for the past 20 days is -1.52% for CYH’s stock, with a 41.49% simple moving average for the past 200 days.

Is It Worth Investing in Community Health Systems, Inc. (NYSE: CYH) Right Now?

The stock has a 36-month beta value of 1.55. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 1 as “overweight,” 12 as “hold,” and 5 as “sell.”

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The public float for CYH is 122.32M, and at present, short sellers hold a 5.62% of that float. On October 16, 2024, the average trading volume of CYH was 1.55M shares.

CYH) stock’s latest price update

The stock price of Community Health Systems, Inc. (NYSE: CYH) has surged by 0.72 when compared to previous closing price of 5.59, but the company has seen a 6.43% gain in its stock price over the last five trading sessions. zacks.com reported 2024-10-10 that With this move, CYH intends to streamline agent workload, which can result in more savings for the company.

Analysts’ Opinion of CYH

Many brokerage firms have already submitted their reports for CYH stocks, with Barclays repeating the rating for CYH by listing it as a “Equal Weight.” The predicted price for CYH in the upcoming period, according to Barclays is $3 based on the research report published on March 06, 2024 of the current year 2024.

Loop Capital, on the other hand, stated in their research note that they expect to see CYH reach a price target of $5. The rating they have provided for CYH stocks is “Hold” according to the report published on June 17th, 2022.

BofA Securities gave a rating of “Neutral” to CYH, setting the target price at $5.50 in the report published on June 15th of the previous year.

CYH Trading at 3.62% 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 -10.49% of loss for the given period.

Volatility was left at 4.93%, however, over the last 30 days, the volatility rate increased by 3.80%, as shares sank -0.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.80% upper at present.

During the last 5 trading sessions, CYH rose by +6.43%, which changed the moving average for the period of 200-days by +74.84% in comparison to the 20-day moving average, which settled at $5.72. In addition, Community Health Systems, Inc. saw 79.87% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CYH starting from SMITH WAYNE T, who purchase 1,000,000 shares at the price of $2.11 back on Oct 31 ’23. After this action, SMITH WAYNE T now owns 5,107,901 shares of Community Health Systems, Inc., valued at $2,110,000 using the latest closing price.

Stock Fundamentals for CYH

Current profitability levels for the company are sitting at:

  • 0.08 for the present operating margin
  • 0.24 for the gross margin

The net margin for Community Health Systems, Inc. stands at -0.01. The total capital return value is set at 0.08.

Based on Community Health Systems, Inc. (CYH), the company’s capital structure generated 1.14 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at -7.93. The interest coverage ratio of the stock is 1.18.

Currently, EBITDA for the company is 1.39 billion with net debt to EBITDA at 8.42. When we switch over and look at the enterprise to sales, we see a ratio of 1.03. The receivables turnover for the company is 5.45for trailing twelve months and the total asset turnover is 0.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.47.

Conclusion

To sum up, Community Health Systems, Inc. (CYH) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “sell” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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