Technical Reports on Hospitals Equities -- Community Health Systems, HCA Healthcare, Tenet Healthcare, and Nobilis Health
NEW YORK, August 18, 2017 /PRNewswire/ --
If you want a Stock Review on CYH, HCA, THC, or HLTH then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Industries in the Hospitals subsector provide medical, diagnostic, and treatment services that include physician, nursing, and other health services to inpatients and the specialized accommodation services required by inpatients. Hospitals may also provide outpatient services as a secondary activity. Pre-market today, DailyStockTracker.com takes a closer look at the following equities: Community Health Systems Inc. (NYSE: CYH), HCA Healthcare Inc. (NYSE: HCA), Tenet Healthcare Corp. (NYSE: THC), and Nobilis Health Corp. (NYSEMKT: HLTH). Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:
http://dailystocktracker.com/register/
Community Health Systems
On Thursday, shares in Franklin, Tennessee headquartered Community Health Systems Inc. saw a decline of 1.44%, ending the day at $6.84. The stock recorded a trading volume of 2.71 million shares. The Company's shares have advanced 22.36% since the start of this year. The stock is trading below its 200-day moving average by 12.18%. Moreover, shares of Community Health Systems, which together with its subsidiaries, owns, leases, and operates general acute care hospitals in the US, have a Relative Strength Index (RSI) of 40.75.
On August 01st, 2017, Community Health Systems announced financial and operating results for the three months ended June 30th, 2017. For Q2 2017, net operating revenues totaled $4.14 billion; net loss was $(137) million; and adjusted EBITDA was $435 million. Cash flow from operations was $261 million for the quarter compared to $338 million for the same period in 2016; representing a 22.8% decrease. CYH complete research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=CYH
HCA Healthcare
Shares in Nashville, Tennessee headquartered HCA Healthcare Inc. ended the day 1.52% lower at $77.79. A total volume of 1.45 million shares was traded. The stock has gained 5.09% on an YTD basis, and is trading below its 200-day moving average by 4.51%. Furthermore, shares of HCA Healthcare, which through its subsidiaries, provides health care services in the US and England, have an RSI of 31.29.
On July 21st, 2017, HCA Healthcare announced an agreement to acquire Highlands Regional Medical Center in Sebring, Florida from subsidiaries of Community Health Systems, Inc. Upon completion of the transaction, Highlands Regional Medical Center, a 126-bed hospital 75 miles west of Fort Pierce, will be part of the Company's East Florida Division.
On July 26th, 2017, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Buy' to 'Neutral'. The complimentary report on HCA can be downloaded at:
http://dailystocktracker.com/registration/?symbol=HCA
Tenet Healthcare
At the close of trading on Thursday, shares in Dallas, Texas headquartered Tenet Healthcare Corp. finished 2.09% lower at $12.65 with a total trading volume of 3.20 million shares. The stock is trading below its 200-day moving average by 27.66%. Shares of the Company, which together with its subsidiaries, operates as a diversified healthcare services company, have an RSI of 23.33.
On August 01st, 2017, Tenet Healthcare announced that the Company has completed the sale of its Houston-area acute care hospitals and related operations to HCA Healthcare, Inc. for net pre-tax proceeds of approximately $750 million in cash, effective that day. The facilities included in the sale are three acute care hospitals (Cypress Fairbanks Medical Center, Houston Northwest Medical Center, and Park Plaza Hospital) and one, long-term acute care hospital (Plaza Specialty Hospital) as well as other hospital-affiliated entities, including physician practices.
On August 08th, 2017, research firm Jefferies reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $26 a share to $24 a share. Sign up for your complimentary research report on THC at:
http://dailystocktracker.com/registration/?symbol=THC
Nobilis Health
Houston, Texas headquartered Nobilis Health Corp.'s shares recorded a trading volume of 389,867 shares at the end of yesterday's session. The stock closed the day 3.03% higher at $1.70. The Company's shares have advanced 25.93% in the previous three months. The stock is trading below its 50-day moving average by 1.31%. Additionally, shares of Nobilis Health, which together with its subsidiaries, acquires and manages ambulatory surgical centers and healthcare facilities in the US, have an RSI of 56.02.
On August 02nd, 2017, Nobilis Health announced financial results for Q2 ended June 30th, 2017. For Q2 2017, revenue was $80.0 million; net income was $1.6 million; and adjusted EBITDA was $10.1 million. Total cash was $29.2 million, accounts receivable was $110.4 million, and total bank debt was $66.9 million as of June 30th, 2017. Get free access to your research report on HLTH at:
http://dailystocktracker.com/registration/?symbol=HLTH
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