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

StockNews.com started coverage on shares of SunLink Health Systems (NYSE:SSYGet Rating) in a research note issued to investors on Monday. The brokerage set a “hold” rating on the stock.

SunLink Health Systems Stock Down 1.4 %

NYSE SSY opened at $0.89 on Monday. The stock has a market capitalization of $6.24 million, a PE ratio of -1.12 and a beta of 1.06. SunLink Health Systems has a 52 week low of $0.77 and a 52 week high of $2.20. The firm has a 50 day moving average of $0.94 and a two-hundred day moving average of $1.06.

SunLink Health Systems (NYSE:SSYGet Rating) last released its quarterly earnings results on Thursday, September 29th. The company reported ($0.33) EPS for the quarter. SunLink Health Systems had a negative net margin of 13.15% and a negative return on equity of 26.31%. The business had revenue of $9.88 million during the quarter.

SunLink Health Systems Company Profile

(Get Rating)

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; four clinics; and a 66-bed extended care and rehabilitation centre.

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