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

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

SunLink Health Systems Stock Performance

Shares of SSY stock opened at $0.75 on Tuesday. The stock has a market capitalization of $5.28 million, a price-to-earnings ratio of -6.82 and a beta of 1.39. SunLink Health Systems has a one year low of $0.53 and a one year high of $1.05. The company’s 50-day simple moving average is $0.83 and its 200-day simple moving average is $0.78.

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. 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 $7.91 million for 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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