Streetbeat News

SSY

SunLink Health Systems, Inc.

https://www.sunlinkhealth.com

Industry

Medical - Pharmaceuticals

SunLink Health Systems, Inc., through its subsidiaries, provides healthcare products and services in the southeastern United States. It operates through two segments, Healthcare Services and Pharmacy. The Healthcare Services segment owns and operates an 84-bed community hospital, which includes an 18-bed geriatric psychiatry unit; and a 66-bed extended care and rehabilitation center. This segment also provides information technology services; and owns unimproved lands. The Pharmacy segment offers institutional and non-institutional pharmacy services; and durable medical equipment products and services, including the sale and rental of products for institutional clients or to patients in institutional settings and patient-administered home care, as well as retails pharmacy products and services. SunLink Health Systems, Inc. was incorporated in 1959 and is based in Atlanta, Georgia.

Open

0.76

Mkt cap

5.4M

Volume

13K

High

0.77

P/E Ratio

-2.33

52-wk high

0.98

Low

0.76

Div yield

N/A

52-wk low

0.53

Investors are focusing on several key stocks as U.S. stock futures trade slightly lower. JPMorgan Chase, Wells Fargo, Fastenal, and Bank of New York Mellon are set to report earnings, while SunLink Health Systems announced a real estate sale.

Portfolio Pulse from Avi Kapoor

October 11, 2024 | 6:56 am

In Thursday's after-market session, several health care stocks experienced significant price movements. Notable gainers included NewGenIvf Group (NIVF) with a 58.1% increase, and SunLink Health Systems (SSY) with a 17.13% rise. On the losing side, Klotho Neurosciences (KLTO) fell by 6.5%, and Humana (HUM) declined by 4.76%.

Portfolio Pulse from Benzinga Insights

October 10, 2024 | 8:31 pm

SunLink Health Systems shares rose following the announcement of the sale of its Trace regional hospital real estate for $2 million.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:19 pm

SunLink Health Systems has sold the real estate of Trace Regional Hospital for $2 million, retaining $1.93 million in net proceeds. The funds will be used for working capital and strategic transaction opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 8:12 pm

SunLink Health Systems reported a significant improvement in Q4 EPS, rising to $0.61 from a loss of $(0.20) year-over-year, despite a slight decrease in sales from $8.01M to $7.91M.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 7:14 am

The article highlights the performance of various health care stocks during Tuesday's after-market session. Concord Medical Services (NYSE:CCM) saw a significant increase of 131%, while other stocks like Calidi Biotherapeutics (AMEX:CLDI) and Anitra (AMEX:AZTR) also experienced gains. On the losing side, BiomX (AMEX:PHGE) and SunLink Health Systems (AMEX:SSY) saw notable declines.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 8:31 pm

SunLink Health Systems Inc (NASDAQ:SSY) shares surged by 13.4% to $0.68 after announcing the sale of its Trace Extended Care & Rehab facility for $7.1 million. The proceeds will be used for working capital and general corporate purposes, resulting in a pre-tax gain of $5.7 million in Q4. This aligns with SunLink's strategy to improve operations and consider strategic transactions.

Portfolio Pulse from Henry Khederian

June 04, 2024 | 3:36 pm

SunLink Health Systems shares are trading higher following the sale of Trace Extended Care & Rehab by its subsidiary, Southern Health Corporation of Houston.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 3:34 pm

The article highlights the pre-market movements of 12 healthcare stocks on Tuesday. Annexon (ANNX) saw the highest gain with a 57.2% increase, while Bio-Path Holdings (BPTH) experienced the largest decline, dropping by 24.1%.

Portfolio Pulse from Benzinga Insights

June 04, 2024 | 12:06 pm

HealthEquity Inc (NASDAQ:HQY) shares rose sharply in pre-market trading after reporting better-than-expected first-quarter financial results and issuing strong FY25 earnings and revenue guidance. Other notable pre-market movers include MicroAlgo Inc (NASDAQ:MLGO), Core Scientific Inc (NASDAQ:CORZ), and Lufax Holding Ltd (NYSE:LU).

Portfolio Pulse from Avi Kapoor

June 04, 2024 | 9:50 am

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