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

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

SunLink Health Systems Stock Down 0.8 %

Shares of NYSE:SSY opened at $0.79 on Friday. The company has a market cap of $5.59 million, a price-to-earnings ratio of -3.64 and a beta of 1.39. The business has a 50 day moving average price of $0.82 and a 200 day moving average price 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 posted its quarterly earnings data on Monday, September 30th. The company reported ($0.09) earnings per share for the quarter. SunLink Health Systems had a negative net margin of 4.71% and a negative return on equity of 16.31%. The business had revenue of $7.91 million during the quarter.

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.