CYH Stock Summary and Trading Ideas (Community Health Systems | NYSE:CYH)

Community Health Systems Inc is a publicly owned hospital operator in the United States. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.

Community Health Systems trades on the NYSE stock market under the symbol CYH.

As of November 22, 2024, CYH stock price declined to $3.65 with 2,224,853 million shares trading.

CYH has a beta of 1.19, meaning it tends to be more sensitive to market movements. CYH has a correlation of 0.03 to the broad based SPY ETF.

CYH has a market cap of $507.23 million. This is considered a Small Cap stock.

Last quarter Community Health Systems reported $3 billion in Revenue and -$.30 earnings per share. This beat revenue expectation by $10 million and missed earnings estimates by -$.12.

In the last 3 years, CYH traded as high as $14.74 and as low as $1.88.

The top ETF exchange traded funds that CYH belongs to (by Net Assets): VTI, IWM, VXF, PRFZ, VTWO.

CYH has underperformed the market in the last year with a price return of +24.6% while the SPY ETF gained +32.4%. CYH has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -25.1% and -18.7%, respectively, while the SPY returned +7.4% and -0.4%, respectively.

CYH support price is $3.58 and resistance is $3.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CYH shares will trade within this expected range on the day.