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

Analysts at StockNews.com initiated coverage on shares of SunLink Health Systems (NYSE:SSYGet Free Report) in a research report issued on Friday. The firm set a “hold” rating on the stock.

SunLink Health Systems Price Performance

SSY opened at $0.75 on Friday. SunLink Health Systems has a 12 month low of $0.53 and a 12 month high of $0.98. The stock has a market capitalization of $5.28 million, a P/E ratio of -6.82 and a beta of 1.40. The business has a 50 day simple moving average of $0.81 and a 200-day simple moving average of $0.80.

SunLink Health Systems (NYSE:SSYGet Free Report) last released its earnings results on Monday, September 30th. The company reported ($0.09) EPS for the quarter. The business 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%.

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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