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Community Health Systems (CYH) in Focus: Stock Moves 5.9% Higher
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Community Health Systems, Inc. (CYH - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.41 to $4.22 in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Community Health Systems currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is negative.
Is CYH going up? Or down? Predict to see what others think: Up or Down
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Community Health Systems (CYH) in Focus: Stock Moves 5.9% Higher
Community Health Systems, Inc. (CYH - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.41 to $4.22 in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Community Health Systems currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is negative.
Community Health Systems, Inc. Price
Community Health Systems, Inc. price | Community Health Systems, Inc. Quote
Investors interested in the Medical – Hospital industry may consider Avita Medical Limited (RCEL - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CYH going up? Or down? Predict to see what others think: Up or Down
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained an impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%.
This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year.
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