Community Health Systems Inc. (NYSE:CYH) shares were up 6.3% on Monday . The stock traded as high as $10.84 and last traded at $10.79, with a volume of 4,933,300 shares traded. The stock had previously closed at $10.15.

CYH has been the subject of several recent research reports. Leerink Swann cut Community Health Systems from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $21.00 to $13.00 in a research report on Tuesday, August 9th. Robert W. Baird reissued a “hold” rating on shares of Community Health Systems in a research report on Monday, May 16th. Citigroup Inc. reduced their price target on Community Health Systems from $17.00 to $14.00 and set a “neutral” rating for the company in a research report on Friday, August 5th. Morgan Stanley reissued a “sell” rating and set a $15.00 price target on shares of Community Health Systems in a research report on Wednesday, August 3rd. Finally, Zacks Investment Research cut Community Health Systems from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 16th. Six analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Community Health Systems has a consensus rating of “Hold” and an average price target of $17.89.

The firm’s market cap is $1.20 billion. The firm’s 50 day moving average price is $11.61 and its 200 day moving average price is $13.44.

Community Health Systems (NYSE:CYH) last announced its earnings results on Tuesday, August 2nd. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.56 by $0.47. The firm earned $4.59 billion during the quarter, compared to analysts’ expectations of $4.53 billion. The company’s quarterly revenue was down 6.0% on a year-over-year basis. On average, analysts expect that Community Health Systems Inc. will post $1.34 earnings per share for the current year.

In related news, Director H Mitchell Watson, Jr. sold 5,600 shares of the company’s stock in a transaction that occurred on Monday, June 13th. The stock was sold at an average price of $13.42, for a total value of $75,152.00. Following the transaction, the director now owns 6,509 shares in the company, valued at $87,350.78. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

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.

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