Fill Your Portfolio with Community Health Systems Inc. (CYH) and DocuSign Inc. (DOCU) and Enjoy

On Aug 29, SMITH WAYNE T, Chairman & CEO bought 215,150 shares of Community Health Systems Inc. (NYSE: CYH), with the average selling price of the stock being $2.18 per share. The total amount realized from this purchase $468,597. A document was filed with the Securities and Exchange Commission to notify the public about the purchase of the shares.

In addition to that, Chairman & CEO – SMITH WAYNE T bought an extra 489,250 shares of this stock in a transaction that took place a day before, on Aug 28, with a share bought at an average of $2.05 and a total of $1,001,984 was realized from this transaction. After the transaction, the Chairman & CEO – SMITH WAYNE T was left with 3,621,332 shares of the company’s stock, which is currently worth around $7423730.6.

The recent price movement of CYH means that it is now down by -22.06% from its 52-week high and 132.96% up against its 52-week low prices. Over the past one week, the price volatility of CYH stands at 5.69% while the volatility over the past one month is 5.81%. The beta score for this stock is 2.36. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 08/05/2019 published its latest quarterly earnings, with the report showing that the company recorded -1.64 earnings per share (EPS) during that period. This report was below the expectations of analysts of -1.02 by -0.62. The revenue by the firm was 3.14B for the quarter.

The shares of Community Health Systems Inc. (CYH) dropped by -3.25%, leading to a loss of -$0.14 per share, and saw CYH end the trading session at $4.17 on Friday 10/18/19. CYH started the trading session at $4.22, before reaching a daily high of $4.295. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $3.92.

The trading volume on Friday stood at 2628017, which was below the stock’s 3-month average volume of 2.44 million shares, out of a total 110.82M shares. As the price of the stock dipped, the market valuation of the company dropped to 508.78 million.

The shares of DocuSign Inc. (NASDAQ: DOCU) went down by -3.30% by the end of the recent trading session. This movement saw its price plunge to close at $64.52, which was lower than the previous closing price of $66.72. Over the past one week, the price of DOCU has slipped by -3.02%, while it has recorded a gain of 1.83% over the past one month. Its three-month performance saw DOCU gain 23.20% while its six-month performance saw it surge by 19.19%. The situation is different though over the past one year, as the stock price went up by 35.77%, while its year-to-date (YTD) price performance jumped by 60.98%. The stock price has gone up by +49.59% compared to its 90-day low, while it is down -5.35% compared to its 90-day high price.

Let’s take a look at its short, medium and long-term indicators. Composite Indicators shows that Trendspotter rated the stock as a Buy. In the short-term, the stock has a 20-day average volume of 3,027,665 shares, with the short-term indicators averagely rating the stock as a 100% Buy. A look at its medium-term indicators reveals that it has a 50-Day average volume of 3,554,090 shares and the indicators have an average rating of 100% Buy. The last indicators, the long-term see DOCU stock with a 100-Day average volume of 3,174,914 shares, giving it an average rating of 100% Buy. A look at the general picture of all short, medium and long-term indicators leaves DOCU with an average rating of 100% Buy.

Several brokerage firms sent out their reports DOCU stock not long ago. In its report sent out on October 16, 2019, Wedbush lowered its ratings on DOCU to a Outperform. In an earlier report on October 02, 2019, RBC Capital Mkts Reiterated the stock to a Outperform. Wedbush meanwhile in its report on September 06, 2019 Upgrade its rating of the stock from a “Outperform” to “Outperform”.

In related news to the company’s stock, around 80.40% shares are being held by institutional investors. In a recent SEC filing, the company revealed that 430 institutions currently hold the DOCU stock. In the last quarter, a 129,341,074 DOCU shares were in the possession of institutions. On the other hand, the company recorded 90 new institutions who bought it their stock, while 76 institutions sold their entire DOCU reserve. Of the current institutions investing in the stock, 236 increased their investment while 153 decreased their investment in the stock.