SunLink Health Systems (NYSE:SSY) Now Covered by Analysts at StockNews.com

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

SunLink Health Systems Stock Performance

Shares of NYSE:SSY opened at $0.75 on Friday. The company has a 50-day simple moving average of $0.85 and a 200 day simple moving average of $0.84. The company has a market capitalization of $5.27 million, a P/E ratio of -0.80 and a beta of 1.38. SunLink Health Systems has a 52-week low of $0.54 and a 52-week high of $1.16.

SunLink Health Systems (NYSE:SSYGet Free Report) last issued its earnings results on Tuesday, February 13th. The company reported ($0.06) EPS for the quarter. SunLink Health Systems had a negative return on equity of 18.36% and a negative net margin of 16.69%. The business had revenue of $8.51 million for the quarter.

Institutional Trading of SunLink Health Systems

A hedge fund recently raised its stake in SunLink Health Systems stock. Wittenberg Investment Management Inc. raised its stake in SunLink Health Systems, Inc. (NYSE:SSYFree Report) by 53.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,565 shares of the company’s stock after acquiring an additional 30,449 shares during the quarter. Wittenberg Investment Management Inc. owned about 1.24% of SunLink Health Systems worth $81,000 at the end of the most recent reporting period. 15.63% of the stock is currently owned by institutional investors.

SunLink Health Systems Company Profile

(Get Free Report)

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.

Further Reading

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