Community Health Systems is a holding company. Through its subsidiaries, Co. operates general acute care hospitals and outpatient facilities in communities across the country. Co. healthcare services through the hospitals and outpatient facilities that it owns and operates in generally larger non-urban markets and selected urban markets throughout the U.S. Co. provides range of general and hospital healthcare services and outpatient services to patients. Services provided through Co.'s hospitals and outpatient facilities include general acute care, emergency room, general and other surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric and rehabilitation services. We show 56 historical shares outstanding datapoints in our CYH shares outstanding history coverage, used to compute CYH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CYH market cap history over the course of time is important for investors
interested in comparing CYH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CYH versus a peer is one thing; comparing
CYH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CYH can fluctuate over the course of history.
With this page we aim to empower investors researching CYH by allowing them to research the CYH market cap history. |
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Video: The Importance of Market Cap
