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

StockNews.com started coverage on shares of SunLink Health Systems (NYSE:SSY) in a research report released on Tuesday. The brokerage issued a hold rating on the stock.

SunLink Health Systems Stock Performance

Shares of SSY opened at $0.69 on Tuesday. The stock has a market capitalization of $4.86 million, a P/E ratio of -0.73 and a beta of 1.36. The company’s fifty day moving average is $0.78 and its two-hundred day moving average is $0.82. SunLink Health Systems has a 1 year low of $0.54 and a 1 year high of $1.16.

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in SunLink Health Systems stock. Susquehanna International Group LLP boosted its stake in SunLink Health Systems, Inc. (NYSE:SSY) by 287.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 57,202 shares of the company’s stock after acquiring an additional 42,448 shares during the quarter. Susquehanna International Group LLP owned about 0.81% of SunLink Health Systems worth $63,000 at the end of the most recent reporting period. 23.67% of the stock is owned by institutional investors and hedge funds.

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.