The stock market performance of Community Health Systems, Inc. has been fairly unsteady. Over the last year, the company’s stock hit its highest at $6.53 on 05/01/23, while the lowest price during the same time frame was $2.01, recorded on 10/31/23.
52-week price history of CYH Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Community Health Systems, Inc.’s current trading price is -53.56% away from its 52-week high, while its distance from the 52-week low is 50.75%. The stock’s price range for this period has remained between $2.01 and $6.53. The Healthcare sector company’s shares managed to surpass a trading volume of around 2.56 million for the day, which was noticeably higher compared to the shares’ average daily volume of 2.05 million over the last three months.
Financial Performance and Market Capitalization
Community Health Systems, Inc. (CYH) has experienced a quarterly decline of -17.44% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 414.32M and boasts a workforce of 61000 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.21, with a change in price of +0.38. Similarly, Community Health Systems, Inc. recorded 2,494,129 in trading volume during the last 100 days, posting a change of +14.34%.
CYH Stock Stochastic Average
As of today, the raw stochastic average of Community Health Systems, Inc. over the last 50 days is at 30.59%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 34.57%. Further, the company’s Stochastic %K and %D values for the last 20 days were 23.87% and 16.56%, respectively.
CYH Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a loss of -3.19%.However, over the last six months, we can see a weaker performance of 20.24%. Over the last 30 days, the price of CYH has leaped by -9.28%. And in the last five days, it has surged by 4.12%.
