Equities research analysts at StockNews.com assumed coverage on shares of SunLink Health Systems (NYSE:SSY – Get Free Report) in a research note issued on Friday. The brokerage set a “hold” rating on the stock.
SunLink Health Systems Stock Performance
NYSE:SSY opened at $0.85 on Friday. The company’s 50-day simple moving average is $0.88 and its 200-day simple moving average is $0.84. SunLink Health Systems has a fifty-two week low of $0.53 and a fifty-two week high of $1.91. The stock has a market capitalization of $5.98 million, a P/E ratio of -7.73 and a beta of 1.40.
SunLink Health Systems (NYSE:SSY – Get Free Report) last announced its earnings results on Tuesday, November 12th. The company reported ($0.06) earnings per share for the quarter. The firm had revenue of $7.92 million during the quarter. SunLink Health Systems had a negative net margin of 2.30% and a negative return on equity of 16.60%.
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.
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