Sunlink Health Systems Inc (AMEX: SSY)’s stock price has gone decline by -17.07 in comparison to its previous close of 1.23, however, the company has experienced a 32.12% increase in its stock price over the last five trading days. businesswire.com reported 2024-10-10 that ATLANTA–(BUSINESS WIRE)–SunLink Health Systems, Inc. (NYSE AMERICAN: SSY) today announced that its subsidiary, Southern Health Corporation of Houston, Inc., and an affiliate, have completed the sale of the hospital building and related real estate of its formerly operated Trace Regional Hospital in Houston, Mississippi for approximately $2,000,000. The company said the net proceeds of approximately $1,932,000 will be retained for working capital and general corporate purposes. The company exp.
Is It Worth Investing in Sunlink Health Systems Inc (AMEX: SSY) Right Now?
Moreover, the 36-month beta value for SSY is 1.35. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for SSY is 5.18M and currently, short sellers hold a 0.24% of that float. On December 31, 2024, SSY’s average trading volume was 195.13K shares.
SSY’s Market Performance
SSY’s stock has seen a 32.12% increase for the week, with a 36.00% rise in the past month and a 27.50% gain in the past quarter. The volatility ratio for the week is 43.70%, and the volatility levels for the past 30 days are at 15.30% for Sunlink Health Systems Inc The simple moving average for the past 20 days is 22.98% for SSY’s stock, with a 32.24% simple moving average for the past 200 days.
SSY Trading at 22.75% from the 50-Day Moving Average
After a stumble in the market that brought SSY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.60% of loss for the given period.
Volatility was left at 15.30%, however, over the last 30 days, the volatility rate increased by 43.70%, as shares surge +18.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +26.87% upper at present.
During the last 5 trading sessions, SSY rose by +32.12%, which changed the moving average for the period of 200-days by +33.16% in comparison to the 20-day moving average, which settled at $0.8294. In addition, Sunlink Health Systems Inc saw 9.68% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for SSY
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.28 for the gross margin
The net margin for Sunlink Health Systems Inc stands at -0.02. The total capital return value is set at -0.2. Equity return is now at value -14.76, with -11.24 for asset returns.
Currently, EBITDA for the company is -0.45 million with net debt to EBITDA at 3.98. When we switch over and look at the enterprise to sales, we see a ratio of 0.0. The receivables turnover for the company is 10.56for trailing twelve months and the total asset turnover is 1.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.06.
Conclusion
To wrap up, the performance of Sunlink Health Systems Inc (SSY) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
