Community Health Systems (CYH) Shares Up 5.4%
Community Health Systems (NYSE:CYH) shares traded up 5.4% during trading on Monday . The company traded as high as $3.98 and last traded at $3.90. 1,887,087 shares traded hands during trading, an increase of 4% from the average session volume of 1,807,203 shares. The stock had previously closed at $3.70.
A number of equities analysts have commented on the stock. ValuEngine cut shares of Community Health Systems from a “buy” rating to a “hold” rating in a research note on Monday, February 4th. Zacks Investment Research lowered shares of Community Health Systems from a “buy” rating to a “hold” rating in a research report on Thursday, January 24th. UBS Group started coverage on shares of Community Health Systems in a research report on Thursday, November 15th. They issued a “sell” rating and a $2.00 target price for the company. Finally, Cantor Fitzgerald cut their price objective on Community Health Systems from $6.00 to $4.00 and set a “neutral” rating for the company in a report on Wednesday, October 31st. Five analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $3.50.
The company has a market cap of $430.25 million, a PE ratio of -3.25 and a beta of 2.51.
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About Community Health Systems (NYSE:CYH)
Community Health Systems, Inc, together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services.
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