StockNews.com began coverage on shares of SunLink Health Systems (NYSE:SSY – Free Report) in a research note issued to investors on Saturday. The brokerage issued a hold rating on the stock.
SunLink Health Systems Stock Performance
SunLink Health Systems stock opened at $1.23 on Friday. The stock has a market capitalization of $8.66 million, a price-to-earnings ratio of -11.18 and a beta of 1.40. SunLink Health Systems has a 52-week low of $0.53 and a 52-week high of $1.91. The stock’s 50 day moving average price is $0.83 and its two-hundred day moving average price is $0.81.
SunLink Health Systems (NYSE:SSY – Get Free Report) last released its quarterly earnings data on Monday, September 30th. The company reported ($0.09) earnings per share (EPS) for the quarter. The company 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%.
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.
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