Community Health Systems (CYH) Shares are Up 11.12%

Community Health Systems (CYH) : Traders are bullish on Community Health Systems (CYH) as it has outperformed the S&P 500 by a wide margin of 22.86% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 10.53%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 11.12% in the last 1 week, and is up 20.37% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 15.58% and the 50-Day Moving Average is 5.45%.The 200 Day SMA reached 17.5% Community Health Systems, Inc. has dropped 5.61% during the last 3-month period . Year-to-Date the stock performance stands at -43.95%.


Community Health Systems (CYH) : The highest short term price target forecast on Community Health Systems (CYH) is $21 and the lowest target price is $10. A total of 11 equity analysts are currently covering the company. The average price of all the analysts is $13.48 with a standard deviation of $3.01.

Company shares have received an average consensus rating of Hold for the current week Community Health Systems (NYSE:CYH): The stock opened at $10.56 and touched an intraday high of $13.28 on Friday. During the day, the stock corrected to an intraday low of $10.52, however, the bulls stepped in and pushed the price higher to close in the green at $12.29 with a gain of 15.73% for the day. The total traded volume for the day was 12,444,450. The stock had closed at $12.29 in the previous trading session.

Community Health Systems, Inc. is a hospital company and an operator of acute care hospitals in communities across the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. It operates in two operating segments: hospital operations and home care agencies operations. Its hospital operations include the Companys acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. Its home care agencies operations provide in-home outpatient care. Services provided through its hospitals and affiliated businesses include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. It provides a range of hospital healthcare services and other outpatient services to patients in the communities in which the Company is located.

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