StockNews.com Begins Coverage on SunLink Health Systems (NYSE:SSY)

Equities research analysts at StockNews.com began coverage on shares of SunLink Health Systems (NYSE:SSYGet Free Report) in a report released on Saturday. The brokerage set a “hold” rating on the stock.

SunLink Health Systems Stock Up 2.5 %

Shares of SSY opened at $1.23 on Friday. The company has a market cap of $8.66 million, a P/E ratio of -11.18 and a beta of 1.40. SunLink Health Systems has a fifty-two week low of $0.53 and a fifty-two week high of $1.91. The firm’s 50 day moving average price is $0.83 and its 200 day moving average price is $0.81.

SunLink Health Systems (NYSE:SSYGet Free Report) last posted 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 for the quarter. SunLink Health Systems had a negative return on equity of 16.60% and a negative net margin of 2.30%.

About SunLink Health Systems

(Get Free Report)

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.

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