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

StockNews.com started coverage on shares of SunLink Health Systems (NYSE:SSYFree Report) in a research report report published on Tuesday. The firm issued a hold rating on the stock.

SunLink Health Systems Stock Performance

Shares of SunLink Health Systems stock opened at $0.75 on Tuesday. The business has a 50-day moving average price of $0.83 and a two-hundred day moving average price of $0.78. SunLink Health Systems has a 1-year low of $0.53 and a 1-year high of $1.05. The company has a market cap of $5.28 million, a P/E ratio of -6.82 and a beta of 1.39.

SunLink Health Systems (NYSE:SSYGet Free Report) last released its earnings results on Monday, September 30th. The company reported ($0.09) 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

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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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