Shares of Community Health Systems (NYSE:CYH) Sees Large Inflow of Net Money Flow

Community Health Systems (NYSE:CYH) dropped -0.57% or -0.08 points to trade at $13.97 per share. As per the latest trading data available, the net money flow stood at $1.24 million as the shares received $2.72 million in upticks and gave away $1.48 million in downticks. The final up/down ratio was at 1.84. On a weekly basis, the stock has seen a change of 1.6%.During the course of the session, the shares witnessed a block trade with an up/down ratio of 4.95. $1.4 million was the inflow in upticks and $0.28 million was the outflow in downticks. For the block trade, the net money flow was $1.12 million.


Currently the company Insiders own 4.6% of Community Health Systems shares according to the proxy statements. Institutional Investors own 99.01% of Community Health Systems shares. During last six month period, the net percent change held by insiders has seen a change of 33.08%. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Community Health Systems Inc, Ely James S. Iii had purchased shares worth of $146,900 in a transaction dated on February 18, 2016. A total of 10,000 shares were purchased at a price of $14.69 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Community Health Systems (NYSE:CYH) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.77 points or 5.48% at $13.28 with 4,685,805 shares getting traded. Post opening the session at $13.93, the shares hit an intraday low of $13.21 and an intraday high of $14.08 and the price was in this range throughout the day. The company has a market cap of $1,511 million and the number of outstanding shares have been calculated to be 113,754,186 shares. The 52-week high of Community Health Systems (NYSE:CYH) is $53.502345 and the 52-week low is $10.585233.

Many analysts have stated their opinion on the company shares. In the latest statement by the brokerage house, Morgan Stanley downgrades its outlook on Community Health Systems (NYSE:CYH). The current rating of the shares is Underweight, according to the research report released by the firm. The rating by the firm was issued on May 24, 2016.

Community Health Systems, Inc. is a hospital company and an operator of acute care hospitals in communities across the United States. The Company provides healthcare services through the hospitals that it owns and operates in non-urban and selected urban markets throughout the United States. It operates in two operating segments: hospital operations and home care agencies operations. Its hospital operations include the Companys acute care hospitals and related healthcare entities that provide inpatient and outpatient healthcare services. Its home care agencies operations provide in-home outpatient care. Services provided through its hospitals and affiliated businesses include general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. It provides a range of hospital healthcare services and other outpatient services to patients in the communities in which the Company is located.

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