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Community Health Systems, Inc. (CYH) Shares Cross Below Book Value

By Market News Video Staff, Monday, June 6, 2:37 PM ET
Now Playing: The Importance of Book Value


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In trading on Monday, shares of Community Health Systems, Inc. (NYSE:CYH) crossed below their last reported book value — defined as common shareholder equity per share — of $24.60, changing hands as low as $24.51 per share. Community Health Systems, Inc. shares are currently trading down about 4.3% on the day. The chart below shows the one year performance of CYH shares, versus its 50 and 200 day moving averages:

Community Health Systems, Inc. Moving Averages Chart

Looking at the chart above, CYH's low point in its 52 week range is $22.33 per share, with $42.50 as the 52 week high point — that compares with a last trade of $25.48.

According to the ETF Finder at ETF Channel, CYH makes up 1.16% of the Rydex S&P MidCap 400 Pure Growth ETF (AMEX:RFG) which is trading lower by about 1% on the day Monday.

     See what other ETFs contain CYH »
     See what other stocks are held by RFG »

CYH operates in the Hospital & Medical Practitioners sector, among companies like SunLink Health Systems Inc (SSY), and Advocat Inc. (NASDAQ:AVCA) trading higher by about 1.9%. Below is a three month price history chart comparing the stock performance of CYH, versus AVCA.

CYH,AVCA Relative Performance Chart


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