Sunlink Health Systems Inc (AMEX: SSY): Performance Review And Forecast

In the last trading session, 1.18 million shares of the Sunlink Health Systems Inc (AMEX:SSY) were traded, and its beta was 1.38. Most recently the company’s share price was $1.23, and it changed around $0.03 or 2.50% from the last close, which brings the market valuation of the company to $8.88M. SSY currently trades at a discount to its 52-week high of $1.91, offering almost -55.28% off that amount. The share price’s 52-week low was $0.53, which indicates that the current value has risen by an impressive 56.91% since then. We note from Sunlink Health Systems Inc’s average daily trading volume that its 10-day average is 1.15 million shares, with the 3-month average coming to 176.12K.

Sunlink Health Systems Inc (AMEX:SSY) trade information

Instantly SSY has showed a green trend with a performance of 2.50% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 1.9100 on recent trading dayincreased the stock’s daily price by 35.6%. The company’s shares are currently up 32.26% year-to-date, but still up 64.00% over the last five days. On the other hand, Sunlink Health Systems Inc (AMEX:SSY) is 63.52% up in the 30-day period. We can see from the shorts that 12363.0 shares have been sold at a short interest cover period of 0.74 day(s).

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Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -13.18%.

SSY Dividends

Sunlink Health Systems Inc’s next quarterly earnings report is expected to be released in January. The average dividend yield for the past five years averaged 2.2 per year.

Sunlink Health Systems Inc (AMEX:SSY)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 26.60% of Sunlink Health Systems Inc shares, and 13.44% of them are in the hands of institutional investors. The stock currently has a share float of 18.32%. Sunlink Health Systems Inc stock is held by 13.0 institutions, with RENAISSANCE TECHNOLOGIES LLC being the largest institutional investor. By 2024-06-30, it held 3.6% of the shares, which is about 0.25 million shares worth $0.2 million.

BRIDGEWAY CAPITAL MANAGEMENT, LLC, with 3.0933% or 0.22 million shares worth $0.17 million as of 2024-06-30, holds the second largest percentage of outstanding shares.