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

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

SunLink Health Systems Stock Up 4.0 %

NYSE SSY opened at $0.98 on Tuesday. The company has a market capitalization of $6.89 million, a P/E ratio of 6.99 and a beta of 1.46. The firm has a 50-day moving average price of $0.94 and a two-hundred day moving average price of $0.87. SunLink Health Systems has a 12-month low of $0.53 and a 12-month high of $1.91.

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.