SunLink Health Systems (NYSE:SSY) Coverage Initiated at Wall Street Zen

Analysts at Wall Street Zen initiated coverage on shares of SunLink Health Systems (NYSE:SSY) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the stock.

SunLink Health Systems Stock Performance

Shares of SunLink Health Systems stock opened at $0.85 on Wednesday. The firm has a fifty day simple moving average of $0.93 and a 200-day simple moving average of $0.90. SunLink Health Systems has a 1-year low of $0.59 and a 1-year high of $1.91. The stock has a market capitalization of $5.99 million, a price-to-earnings ratio of 6.08 and a beta of 1.20.

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.