The value of the investment in CYH went from $3,016,000 to $699,000 a change of $2,317,000 quarter to quarter.
11/11/2016 - Community Health Systems, Inc. was downgraded to "underperform" by analysts at Credit Suisse. During the last 52 weeks, the price has been as high as $11.65 and as low as $7.14. The business is expected to announce its next earnings report on Tuesday, November 7th. The stock spiked 0.85% last month and is up 26.83 this year.
Community Health Systems, Inc. had its "neutral" rating reiterated by analysts at UBS. MBIA Inc. (NYSE:MBI) earnings have declined with a quarterly rate of 0% over the last 5 years. Next quarter's EPS is forecasted at $0.10 and the next full year EPS is projected to be $0.17. The business had revenue of $4.14 billion during the quarter, compared to the consensus estimate of $4.14 billion. Community Health Systems had a negative net margin of 3.63% and a positive return on equity of 0.07%. During the same period in the previous year, the firm posted $0.09 EPS.
Several research firms recently commented on CYH. Robert W. Baird reiterated a "hold" rating and issued a $7.00 price objective on shares of Community Health Systems in a report on Friday, September 1st. Zacks Lowered Community Health Systems from a "hold" recommendation to a "sell" recommendation in a analysis note on early Wed, Aug 2nd. Morgan Stanley assumed coverage on Community Health Systems in a report on Tuesday, June 6th. They set a "neutral" rating and a $6.00 target price on the stock.
In other Community Health Systems news, major shareholder Tian Qiao Chen acquired 9,766,897 shares of Community Health Systems stock in a transaction that occurred on Monday, August 14th. Seven investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company. Community Health Systems has an average rating of "Hold" and an average price target of $7.84. The acquisition was announced in a document with the securities and exchange commission, which is available through this hyperlink. (CYH) average trading volume of 2,399,635 during the past month is 33.49% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times. Saba Capital Management L.P. now owns 3,405,469 shares of the company's stock valued at $19,037,000 after buying an additional 2,080,294 shares during the period. Finally, Bogle Investment Management L P DE raised its position in shares of Community Health Systems by 127.7% in the fourth quarter. Finally, Fox Run Management L.L.C. purchased a new position in Community Health Systems in the 2nd quarter worth approximately $126,000. The stock's market capitalization is 793.62M, it has a 52-week low of 4.15 and a 52-week high of 11.74. "(CYH) This Quarter" was published by Equities Focus and is owned by of Equities Focus. If you are viewing this piece of content on another site, it was copied illegally and republished in violation of US and worldwide copyright and trademark legislation. The original version of this piece of content can be viewed at https://www.equitiesfocus.com/2017/09/21/3-70-billion-in-sales-expected-for-community-health-systems-inc-cyh-this-quarter.html.
Community Health Systems (NYSE CYH) traded up 2.12% during mid-day trading on Wednesday, hitting $7.24.
Checking in on the numbers for MFS Government Markets Income Trust (MGF), we can see that the company has a Williams Percent Range or 14 day Williams %R of -22.22. Mixing up the portfolio with stocks from different sectors, market caps, and growth potential, may be the right move. Using a wider time frame to assess the moving average such as the 200-day, may help block out the noise and chaos that is often caused by daily price fluctuations. After a recent check, the 14-day RSIfor Community Health Systems Inc (CYH) is now at 47.53, the 7-day stands at 47.18, and the 3-day is sitting at 49.32.
The Company operates through hospital operations segment, which includes its general acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services.