Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, April 27, 2012

Potentially Oversold Level Reached (NYSE: CYH)

Shares of CYH traded higher by 2.38% or $0.57/share to $24.55. NYSE is trading at a price to book ratio of 0.88. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.62 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.16. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 1989150 shares of CYH exchange hands on a given day and today's volume is recorded at 840344. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.

Community Health Systems, Inc. is an operator of hospitals in the United States.