SunLink Health Systems (NYSE:SSY) Earns Hold Rating from Analysts at StockNews.com

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

SunLink Health Systems Price Performance

Shares of SunLink Health Systems stock opened at $0.75 on Thursday. The stock’s 50-day moving average is $0.82 and its 200 day moving average is $0.80. SunLink Health Systems has a one year low of $0.53 and a one year high of $0.98. The firm has a market cap of $5.28 million, a price-to-earnings ratio of -6.82 and a beta of 1.40.

SunLink Health Systems (NYSE:SSYGet Free Report) last posted its quarterly earnings results on Monday, September 30th. The company reported ($0.09) earnings per share (EPS) for the quarter. The business had revenue of $7.91 million for the quarter. SunLink Health Systems had a negative return on equity of 16.60% and a negative net margin of 2.30%.

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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