Community Health Systems, Inc. (NYSE:$CYH) saw a change of 0.96% before closing at $7.34 on Tuesday. The stock also dropped well below the average daily volume of 3.69 million with roughly a little over 2.02 million stocks of the health service provider’s stock changing hands.

When it comes to trading volume, lower than average trading is said to be ‘thin’, whereas above average trading is considered ‘heavy’. This is an important stat to keep track of since stock prices only move as the stock is bought and sold on the market.

The company currently reports a market cap of $833.16 million. This statistic is determined by multiplying the stock price by the total number of outstanding shares. In this case, the company has 113.51 million outstanding shares. An outstanding share is one that is possessed by an insider, an institution, or an individual investor.

In the case of Community Health Systems, institutes own 97.80% of the stock’s total shares. The stock saw a -0.77% drop in institutional ownership in the last three months. Insiders, on the other hand, only own about 0.40% of the company.

Historical Figures

In order to get a really good understanding of the stock, an investor, shareholder, or trader has to look at the historical performance of the stock. Forecasts of future returns and stock shakeups are often based on historical return data. Analysis like this can give some investors an insight into how certain variables may affect the stock. However, it’s important to remember that it is impossible to predict the future of the stock based on its past performance. So what are the historical numbers saying about Community Health Systems?

Performance for the last 12 months is at 31.31%. Over the last quarter, that number drops to -23.38%. Over the last month, it hits -3.17%. However, over the last 5 trades, the stock had a return of roughly 3.53%.

Technical Factors

The company’s RSI – relative strength index – sat at 49.36. The ATR of the company was at 0.35. The stock volatility for the month and the week were 4.68% and 3.74% respectively. The stock is 76.87 above its 52-week low and 37.48% under its 52-week high. The stock sat below the 50-day moving average by -0.99% and below the 200-day moving average by -2.06%.

What are Analysts Saying?

The stock currently has a mean recommendation rating of 3.10 and a target price of $7.23.

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