StockNews.com Begins Coverage on SunLink Health Systems (NYSE:SSY)

Investment analysts at StockNews.com assumed coverage on shares of SunLink Health Systems (NYSE:SSY) in a report released on Tuesday. The firm set a “hold” rating on the stock.

SunLink Health Systems Stock Down 2.6%

Shares of SSY stock opened at $0.84 on Tuesday. The stock has a market cap of $5.90 million, a price-to-earnings ratio of 5.98 and a beta of 1.20. SunLink Health Systems has a fifty-two week low of $0.59 and a fifty-two week high of $1.91. The firm’s 50 day moving average price is $0.94 and its two-hundred day moving average price is $0.90.

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.