At the last check on Friday, Community Health Systems Inc.’s (NYSE:CYH) stock was up $0.21, moving up 6.07 percent to $3.59. The average number of shares traded per day over the past five days has been 769,631 shares. 4 times new highs have been achieved over the past 5 days, with a $0.31 gain in that time frame. In the last twenty days, the average volume was 1,232,633, while in the previous 50 days, it was 1,299,949.
Since last month, CYH stock retreated -27.13%. Shares of the company fell to $3.12 on 08/25/23, the lowest level in the past month. A 52-week high of $8.01 was reached on 02/16/23 after having rallying from a 52-week low of $1.88. Since the beginning of this year, CYH’s stock price has dropped by -17.01% or -$0.76, and marked a new high 8 times. However, the stock has declined by -55.24% since its 52-week high.
Valuation Metrics
Right now, Community Health Systems Inc. (CYH) has a P/E ratio of about 1.72. The stock’s beta is 1.76.
Financial Health
In the three months ended June 29, Community Health Systems Inc.’s quick ratio stood at 1.40, while its current ratio was 1.50, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 83.80% percent. In the year ended June 29, EBITDA margin amounted to 10.33%, whereas operating margins totaled 9.30%. Based on annual data, CYH earned $10.24 billion in gross profit and brought in $12.21 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 8.80%. Return on equity (ROE) for the past 12 months was -18.70%.
In Community Health Systems Inc.’s quarter-end financial report for June 29, it reported total debt of $11.73 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CYH’s revenue rose 5.81% to $3.11 billion during the quarter, while net income inched up to $3.12 billion. While analysts expected Community Health Systems Inc. to report -$0.27 quarterly earnings, the actual figure was -$0.22 per share, beating the consensus estimate by 18.50%. During the quarter, the company generated $369.0 million in EBITDA. The liabilities of Community Health Systems Inc. were 16.05 billion at the end of its most recent quarter ended June 29, and its total debt was $12.47 billion. The value of shareholders’ equity is $136.79 million.
Technical Picture
This quick technical analysis looks at Community Health Systems Inc.’s (CYH) price momentum. With a historical volatility rate of 31.76%, the RSI 9-day stood at 53.85% on 31 August.
With respect to its five-day moving average, the current Community Health Systems Inc. price is up by +9.36% percent or $0.31. At present, CYH shares trade -21.13% below its 20-day simple moving average and -31.44% percent below its 100-day simple moving average. However, the stock is currently trading approximately -11.10% below its SMA50 and +11.41% above its SMA200.
Stochastic coefficient K was 55.31% and Stochastic coefficient D was 43.88%, while ATR was 0.18. Given the Stochastic reading of 81.65% for the 14-day period, the RSI (14) reading has been calculated as 47.05%. As of today, the MACD Oscillator reading stands at 0.12, while the 14-day reading stands at 0.11.
