Community Health Systems Inc. (CYH) Plunges 5.6%

Community Health Systems Inc. (CYH) had a rough trading day for Tuesday April 16 as shares tumbled 5.6%, or a loss of $-0.19 per share, to close at $3.20. After opening the day at $3.43, shares of Community Health Systems Inc. traded as high as $3.43 and as low as $3.05. Volume was 3.39 million shares over 12,116 trades, against an average daily volume of n/a shares and a total float of 118.07 million.

As a result of the decline, Community Health Systems Inc. now has a market cap of $377.83 million. In the last year, shares of Community Health Systems Inc. have traded between a range of $5.35 and $2.48, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

For a complete fundamental analysis of Community Health Systems Inc., check out Equities.com’s Stock Valuation Analysis report for CYH.

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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.

Community Health Systems Inc. is based out of Franklin, TN and has some 87,000 employees. Its CEO is Wayne T. Smith.

Community Health Systems Inc. is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole