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

StockNews.com initiated coverage on shares of SunLink Health Systems (NYSE:SSY) in a research report sent to investors on Sunday. The brokerage issued a hold rating on the stock.

SunLink Health Systems Stock Performance

Shares of NYSE SSY traded down $0.01 during midday trading on Friday, reaching $0.79. 6,186 shares of the stock were exchanged, compared to its average volume of 15,413. The stock has a market capitalization of $5.59 million, a P/E ratio of -3.64 and a beta of 1.39. The company has a 50 day simple moving average of $0.82 and a 200 day simple moving average of $0.77. SunLink Health Systems has a twelve month low of $0.53 and a twelve month high of $1.05.

SunLink Health Systems (NYSE:SSY) last announced its quarterly earnings results on Monday, September 30th. The company reported ($0.09) EPS for the quarter. The business had revenue of $7.91 million during the quarter. SunLink Health Systems had a negative net margin of 4.71% and a negative return on equity of 16.31%.

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.