Community Health Systems, Inc. (NYSE:CYH) does about 2.12M shares in volume on a normal day but saw 1791118 shares change hands in Monday trading. The company now has a market cap of 449.87M USD. Its current market price is $3.29, marking a decrease of -2.95% compared to the previous close of $3.39. The 52 week high reached by this stock is $6.53 whilst the lowest price level in 52 weeks is $2.01.
Community Health Systems, Inc. (CYH) has a 20-day trading average at $3.05 and the current price is -49.58% off the 52-week high compared with 63.68% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.06 and its 200-day simple moving average is $3.19. If we look at the stock’s price movements over the week, volatility stands at 6.11%, which decreases to 5.15% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.57 to suggest the stock is neutral.
The consensus objective for the share price is $4.35, suggesting that the stock has a potential upside of 24.37% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 06, 2024 when Barclays initiated the stock to “Equal Weight” and issued a price target of $3. BofA Securities downgraded its price target at $7.50-$5.50.
Community Health Systems, Inc. (CYH) stock is up 15.85% over the week and -6.00% over the past month. Its price is 5.11% year-to-date and -44.52% over the past year.
To reach the target analysts have set, the stock logically needs to grow 24.37 percent from here.
The company has a return on investment of -1.16%. The forward price to earnings ratio is 14.71. The beta has a value of 1.55. Price to sales ratio is 0.04.
