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

StockNews.com began coverage on shares of SunLink Health Systems (NYSE:SSYFree Report) in a report published on Thursday. The brokerage issued a hold rating on the stock.

SunLink Health Systems Trading Down 1.4 %

SSY stock opened at $0.89 on Thursday. The company has a market capitalization of $6.24 million, a P/E ratio of -8.06 and a beta of 1.40. The business has a 50 day simple moving average of $0.87 and a 200-day simple moving average of $0.84. SunLink Health Systems has a twelve month low of $0.53 and a twelve month high of $1.91.

SunLink Health Systems (NYSE:SSYGet Free Report) last issued its quarterly earnings results on Tuesday, November 12th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $7.92 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

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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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