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

Equities research analysts at StockNews.com assumed coverage on shares of SunLink Health Systems (NYSE:SSYGet Free Report) in a note issued to investors on Friday. The brokerage set a “hold” rating on the stock.

SunLink Health Systems Price Performance

Shares of NYSE SSY opened at $0.77 on Friday. SunLink Health Systems has a 1-year low of $0.53 and a 1-year high of $0.98. The business’s fifty day moving average price is $0.81 and its two-hundred day moving average price is $0.80. The firm has a market capitalization of $5.44 million, a PE ratio of -7.02 and a beta of 1.40.

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. SunLink Health Systems had a negative return on equity of 16.60% and a negative net margin of 2.30%. The business had revenue of $7.91 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.

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