SunLink Health Systems (NYSE:SSY) Earns Hold Rating from Analysts at StockNews.com

StockNews.com initiated coverage on shares of SunLink Health Systems (NYSE:SSY) in a research note issued to investors on Thursday morning. The firm issued a hold rating on the stock.

SunLink Health Systems Stock Performance

SunLink Health Systems stock opened at $0.77 on Thursday. The firm’s fifty day moving average price is $0.82 and its 200-day moving average price is $0.80. The stock has a market cap of $5.41 million, a P/E ratio of -6.99 and a beta of 1.40. SunLink Health Systems has a fifty-two week low of $0.53 and a fifty-two week high of $0.98.

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

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.