StockNews.com initiated coverage on shares of SunLink Health Systems (NYSE:SSY – Free Report) in a research note published on Wednesday morning. The firm issued a hold rating on the stock.
SunLink Health Systems Trading Down 1.2 %
NYSE SSY opened at $0.80 on Wednesday. The firm has a market capitalization of $5.64 million, a price-to-earnings ratio of -3.64 and a beta of 1.40. The firm’s 50 day simple moving average is $0.81 and its 200 day simple moving average is $0.75. SunLink Health Systems has a 1 year low of $0.53 and a 1 year high of $1.05.
SunLink Health Systems (NYSE:SSY – Get Free Report) last issued its earnings results on Monday, September 30th. The company reported ($0.09) earnings per share for the quarter. SunLink Health Systems had a negative net margin of 4.71% and a negative return on equity of 16.31%. The business had revenue of $7.91 million during the quarter.
About SunLink Health Systems
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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