Community Health Systems Inc (CYH): Today's Featured Health Services Loser
The
industry closed the day up 2.6%.
(
),
(
),
(
), and
Five Star Quality Care Incorporated
(
) were all decliners today within the health services industry with
(
) being today's featured health services loser. Community Health Systems Inc fell $2.32 (-11.4%) to $17.96 on heavy volume. Throughout the day, 8.7 million shares of Community Health Systems Inc exchanged hands as compared to its average daily volume of 2.1 million shares.
Community Health Systems, Inc., together with its subsidiaries, provides healthcare services through the operation of hospitals in the United States. Community Health Systems Inc has a market cap of $1.9 billion and is part of the
sector. The company has a P/E ratio of 6.4, below the average health services industry P/E ratio of 6.7 and below the S&P 500 P/E ratio of 17.7. Shares are down 45.7% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates Community Health Systems as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins.
- You can view the full Community Health Systems Ratings Report.
On the positive front,
(
),
(
),
(
), and
(
) were all gainers within the health services industry with
(
) being today's featured health services industry winner.
- Use our health services section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the health services industry could consider
Health Care Select Sector SPDR
(
) while those bearish on the health services industry could consider
ProShares Ultra Short Health Care
(
).
- Find other investment ideas from our top rated ETFs lists.
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