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

Analysts at StockNews.com began coverage on shares of SunLink Health Systems (NYSE:SSY) in a report released on Friday. The firm set a “hold” rating on the stock.

SunLink Health Systems Price Performance

Shares of SunLink Health Systems stock opened at $0.77 on Friday. The company’s fifty day moving average price is $0.81 and its two-hundred day moving average price is $0.80. The firm has a market capitalization of $5.44 million, a PE ratio of -7.02 and a beta of 1.40. SunLink Health Systems has a 52-week low of $0.53 and a 52-week high of $0.98.

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

SunLink Health Systems Company Profile

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.