SunLink Health Systems (NYSE:SSY) Now Covered by StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of SunLink Health Systems (NYSE:SSY) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the stock.

SunLink Health Systems Price Performance

Shares of SSY opened at $0.82 on Wednesday. The company has a market capitalization of $5.80 million, a P/E ratio of -7.49 and a beta of 1.40. The firm has a 50 day moving average of $0.83 and a 200 day moving average of $0.79. SunLink Health Systems has a twelve month low of $0.53 and a twelve month high of $1.05.

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

About SunLink Health Systems

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.