Shares of Community Health Systems Inc. (NYSE:CYH) traded at a new 52-week high today of $16.55. This new high was reached on below average trading volume as 335,000 shares traded hands, while the average 30-day volume is approximately 2.4 million shares.
Community Health Systems is the largest publicly owned hospital operator in the United States. The company owns or leases over 100 general acute-care hospitals located in nonurban and urban markets. The company also owns four home health agencies and provides management and consulting services to independent hospitals. The firm derives revenue through a broad range of general and specialized hospital healthcare services and outpatient services.
In the past 52 weeks, Community Health Systems Inc. share prices are bracketed by a low of $2.68 and a high of $16.55 and is now at $16.27, 507% above that low price.
Community Health Systems Inc. (NYSE:CYH) has potential upside of 15.8% based on a current price of $16.27 and analysts' consensus price target of $18.83.
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