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 report published on Friday morning. The brokerage issued a hold rating on the stock.

SunLink Health Systems Trading Down 1.1 %

Shares of SSY opened at $0.94 on Friday. SunLink Health Systems has a 12 month low of $0.53 and a 12 month high of $1.05. The firm has a fifty day simple moving average of $0.81 and a 200 day simple moving average of $0.76. The stock has a market capitalization of $6.62 million, a price-to-earnings ratio of -4.27 and a beta of 1.40.

SunLink Health Systems (NYSE:SSYGet Free Report) last issued its quarterly earnings results on Monday, September 30th. The company reported ($0.09) EPS for the quarter. The company had revenue of $7.91 million for the quarter. SunLink Health Systems had a negative net margin of 4.71% and a negative return on equity of 16.31%.

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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