Shares of Community Health Systems (CYH) Sees Large Outflow of Money

Community Health Systems (CYH) : The total money flow in Community Health Systems (CYH) was negative ($1.23 million), showing the domination of sellers in the Monday trading session. The traders utilized every rise to sell their positions, as seen in the value of trading on downtick to the tune of $2.24 million. Transactions on upticks were comparatively lower at $1.01 million. The uptick to downtick ratio was 0.45. The total block trades done on upticks were valued at $0.36 million. The total block trades on downticks were valued at $1.64 million. The uptick to the downtick ratio of block trades was 0.22. The money flow during block trades was negative ($1.28 million) when the stock traded with a gain of $3 cent. Community Health Systems (CYH) was $10.98, an increase of 0.29% over the previous days close.


Community Health Systems, Inc. has lost 7.62% in the last five trading days and dropped 14.5% in the last 4 weeks. Community Health Systems, Inc. has dropped 13.49% during the last 3-month period . Year-to-Date the stock performance stands at -49.69%.

Community Health Systems (NYSE:CYH): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.04 and $10.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.12. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.03, notching a gain of 0.73% for the day. The total traded volume was 6,799,272 . The stock had closed at $10.95 on the previous day.

In a related news, The director, of Community Health Systems Inc, Watson H Mitchell Jr had unloaded 5,600 shares at $13.42 per share in a transaction on June 13, 2016. The total value of transaction was $75,152. The Insider information was revealed by 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.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.