SunLink Health Systems (NYSE:SSY) Coverage Initiated at StockNews.com

Analysts at StockNews.com initiated coverage on shares of SunLink Health Systems (NYSE:SSY) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the stock.

SunLink Health Systems Stock Down 0.8 %

NYSE SSY opened at $0.76 on Tuesday. SunLink Health Systems has a twelve month low of $0.53 and a twelve month high of $1.05. The stock has a fifty day simple moving average of $0.83 and a 200 day simple moving average of $0.78. The company has a market capitalization of $5.35 million, a price-to-earnings ratio of -6.91 and a beta of 1.39.

SunLink Health Systems (NYSE:SSY) last released its quarterly earnings data on Monday, September 30th. The company reported ($0.09) earnings per share for the quarter. The company had revenue of $7.91 million during the quarter. SunLink Health Systems had a negative net margin of 2.30% and a negative return on equity of 16.60%.

SunLink Health Systems Company Profile

SunLink Health Systems, Inc, through its subsidiaries, provides healthcare products and services in the southeastern United States. It operates in two segments, Healthcare Services and Pharmacy. The Healthcare Services segment owns and operates a 49-licensed-bed acute care hospital, which includes a 26-bed geriatric psychiatry unit; two clinics; and a 66-bed extended care and rehabilitation centre.