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

Investment analysts at StockNews.com assumed coverage on shares of SunLink Health Systems (NYSE:SSYGet Free Report) in a research report issued to clients and investors on Thursday. The firm set a “hold” rating on the stock.

SunLink Health Systems Price Performance

SSY opened at $0.93 on Thursday. SunLink Health Systems has a 1 year low of $0.53 and a 1 year high of $1.91. The company has a market capitalization of $6.51 million, a price-to-earnings ratio of -8.41 and a beta of 1.40. The firm’s fifty day moving average price is $0.88 and its two-hundred day moving average price is $0.84.

SunLink Health Systems (NYSE:SSYGet Free Report) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($0.06) earnings per share for the quarter. SunLink Health Systems had a negative return on equity of 16.60% and a negative net margin of 2.30%. The firm had revenue of $7.92 million for the quarter.

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.

Further Reading

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