StockNews.com Initiates Coverage on SunLink Health Systems (NYSE:SSY)

Equities researchers at StockNews.com assumed coverage on shares of SunLink Health Systems (NYSE:SSYGet Free Report) in a report released on Wednesday. The brokerage set a “hold” rating on the stock.

SunLink Health Systems Price Performance

SSY opened at $0.89 on Wednesday. The firm has a fifty day moving average price of $0.86 and a 200 day moving average price of $0.83. SunLink Health Systems has a 1 year low of $0.53 and a 1 year high of $1.91. The stock has a market cap of $6.29 million, a P/E ratio of -8.13 and a beta of 1.40.

SunLink Health Systems (NYSE:SSYGet Free Report) last issued its quarterly earnings data 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 during the quarter.

SunLink Health Systems Company Profile

(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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