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

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

SunLink Health Systems Trading Up 1.2 %

Shares of NYSE:SSY opened at $0.77 on Thursday. The firm’s 50 day moving average is $0.82 and its two-hundred day moving average is $0.80. The firm has a market capitalization of $5.41 million, a P/E ratio of -6.99 and a beta of 1.40. SunLink Health Systems has a 52 week low of $0.53 and a 52 week high of $0.98.

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