Shares of Community Health Systems (CYH) Rally 0.08%

Community Health Systems (CYH) : During the past 4 weeks, traders have been relatively bearish on Community Health Systems (CYH), hence the stock is down -5.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.4% relative to the S&P 500. The stock has risen by 0.08% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.92% in the past 4 weeks. The stock has recorded a 20-day Moving Average of 1.59% and the 50-Day Moving Average is 2.67%.

Community Health Systems (NYSE:CYH): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $12.92 and $12.74 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.07. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.90, notching a gain of 0.70% for the day. The total traded volume was 2,468,485 . The stock had closed at $12.81 on the previous day.


The company Insiders own 4.6% of Community Health Systems shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -46.25% . Institutional Investors own 95.52% of Community Health Systems shares. During last six month period, the net percent change held by insiders has seen a change of 10.39%. In a related news,The director of Community Health Systems Inc, Watson H Mitchell Jr sold 5,600 shares at $13.42 on June 13, 2016. The Insider selling transaction had a total value worth of $75,152. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

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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