Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Community Health Systems, Inc shares valued at $84,159 were sold by BENET MIGUEL S on Feb 21 ’25. At $3.52 per share, BENET MIGUEL S sold 23,875 shares. The insider’s holdings dropped to 55,000 shares worth approximately $0.16 million following the completion of this transaction.
Also, Miguel S. Benet purchased 23,875 shares, netting a total of over 84,040 in proceeds.
As published in a research note from Wells Fargo on November 25, 2024, Community Health Systems, Inc [CYH] has been rated down from an Equal weight to an Underweight and the price target has been revised to $2.50 from $5. Analysts at Raymond James downgraded the stock from ‘”a Mkt perform”‘ to ‘”an Underperform”‘ outlook in a report released in late November. As of March 06, 2024, Barclays has initiated its “an Equal weight” rating for CYH. Earlier on June 17, 2022, Loop Capital initiated its rating. Their recommendation was “a Hold” for CYH stock.
Analyzing CYH Stock Performance
During the last five days, there has been a surge of approximately 14.29%. Over the course of the year, Community Health Systems, Inc shares have dropped approximately -3.68%. Shares of the company reached a 52-week high of $3.93 on 02/25/25 and a 52-week low of $2.24 on 04/07/25. A 50-day SMA is recorded $2.86, while a 200-day SMA reached $3.98.
Support And Resistance Levels for Community Health Systems, Inc (CYH)
According to the 24-hour chart, there is a support level at 2.73, which, if violated, would cause prices to drop to 2.58. In the upper region, resistance lies at 3.10. The next price resistance is at 3.33. RSI (Relative Strength Index) is 60.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.07, which suggests the price will decrease in the coming days. Percent R is at 31.58%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
