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

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

SunLink Health Systems Price Performance

Shares of SSY stock opened at $1.00 on Friday. SunLink Health Systems has a 1 year low of $0.53 and a 1 year high of $1.91. The stock’s 50 day simple moving average is $0.91 and its two-hundred day simple moving average is $0.85. The company has a market cap of $7.00 million, a PE ratio of 7.11 and a beta of 1.40.

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.