Breakfast Technical Briefing on Hospitals Stocks -- Universal Health Services, Community Health Systems, HCA Healthcare, and Tenet Healthcare
NEW YORK, Nov. 8, 2017 /PRNewswire/ -- If you want a Stock Review on UHS, CYH, HCA, or THC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Ahead of today's trading session, DailyStockTracker.com scans the performance of Universal Health Services Inc. (NYSE: UHS), Community Health Systems Inc. (NYSE: CYH), HCA Healthcare Inc. (NYSE: HCA), and Tenet Healthcare Corp. (NYSE: THC). 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. Daily Stock Tracker published free research reports on these stocks today at:
http://dailystocktracker.com/register/
Universal Health Services
King of Prussia, Pennsylvania headquartered Universal Health Services Inc.'s shares declined 0.69%, closing Tuesday's trading session at $101.05. The stock recorded a trading volume of 576,301 shares. The stock is trading 6.79% below their 50-day moving average. Additionally, shares of the Company, which through its subsidiaries, owns and operates acute care hospitals, behavioral health facilities, and ambulatory centers, have a Relative Strength Index (RSI) of 31.04.
On October 11th, 2017, research firm Stephens initiated an 'Equal-Weight' rating on the Company's stock, with a target price of $120 per share.
On November 03rd, 2017, Universal Health Services announced that Steve Filton, Executive Vice President and CFO, will present at Citi's 2017 Global Healthcare Conference on December 06th, 2017, at 1:25 p.m. EST in New York. A live audio webcast of the presentation will be available on the Company's website. See our free and comprehensive research report on UHS at:
http://dailystocktracker.com/registration/?symbol=UHS
Community Health Systems
On Tuesday, shares in Franklin, Tennessee headquartered Community Health Systems Inc. recorded a trading volume of 3.81 million shares. The stock edged 3.00% higher, ending the day at $4.46. The Company's shares are trading below their 50-day moving average by 34.15%. Furthermore, shares of the Company, which together with its subsidiaries, owns, leases, and operates general acute care hospitals in the US, have an RSI of 24.75.
On October 26th, 2017, Community Health Systems announced that Division President Michael Portacci will retire on December 01st, 2017. Mr. Portacci currently oversees Division II Operations, which includes affiliated hospitals in Alaska, Arizona, Arkansas, Louisiana, Missouri, New Mexico, and Texas. The Company intends to name a replacement to oversee Division II Operations prior to the effective date of Mr. Portacci's retirement.
On November 03rd, 2017, research firm Credit Suisse initiated an 'Underperform' rating on the Company's stock. CYH free research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=CYH
HCA Healthcare
Nashville, Tennessee headquartered HCA Healthcare Inc.'s stock finished the day 1.37% higher at $77.92 with a total trading volume of 1.71 million shares. Shares of the Company have advanced 3.47% in the last one month and 5.27% on an YTD basis. The stock is trading above its 50-day moving average by 0.36%. Additionally, shares of HCA Healthcare, which through its subsidiaries, provides health care services in the US and England, have an RSI of 52.58.
On October 31st, 2017, HCA Healthcare announced financial and operating results for Q3 ended September 30th, 2017. Revenues in Q3 2017 were $10.696 billion, net income totaled $426 million, and adjusted EBITDA totaled $1.776 billion. As of September 30th, 2017, the Company's balance sheet reflected cash and cash equivalents of $718 million, total debt of $32.953 billion and total assets of $35.731 billion.
On November 06th, 2017, research firm Citigroup reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $87 a share to $81 a share. Sign up for your complimentary report on HCA at:
http://dailystocktracker.com/registration/?symbol=HCA
Tenet Healthcare
Shares in Dallas, Texas headquartered Tenet Healthcare Corp. ended yesterday's session 4.43% higher at $13.21. The stock recorded a trading volume of 7.04 million shares, which was above its three months average volume of 4.77 million shares. The Company's shares are trading 14.05% below their 50-day moving average. Moreover, shares of Tenet Healthcare, which together with its subsidiaries, operates as a diversified healthcare services company, have an RSI of 41.69.
On October 23rd, 2017, Tenet Healthcare announced that Trevor Fetter has stepped down from his role as CEO and resigned as a director of the Company, effective that day. The Board of Directors has appointed Ronald A. Rittenmeyer, Executive Chairman, to serve as CEO, while the Company continues its search for a permanent CEO. Register for free on DailyStockTracker.com and download the latest research report on THC at:
http://dailystocktracker.com/registration/?symbol=THC
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