SSY stock: buy or sell?

SSY stock price: $0.68 1.49% At close on April 6th, 2020

Updated on:
April 6th, 2020

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Shares of SunLink Health Systems inched a beatiful 1.49% and closed at $0.68. On March/30 SSY plunged a spooky -8.82%.

SunLink Health Systems, Inc., through its subsidiaries, provides healthcare services in the United States. It operates in two segments, Healthcare Services and Pharmacy.

Should I buy SSY stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to define your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with SunLink Health Systems stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is SunLink Health Systems stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't detect any rating for SSY stock for the last 30 days.

SSY stock analysis

Daily outlook

Shares of SunLink Health Systems ended today at $0.68 and inched a beatiful 1.49%.

SunLink Health Systems ended today at $0.68 and inched a beatiful 1.49%. Since price and SMA200d lines crossed down on March/25, SSY fell $-0.82 per share (-54.67%).

SSY stock chart (daily)

Weekly outlook

After sliding for 4 weeks, this week SunLink Health Systems stepped up a beatiful 1.49%, closing at $0.68. Last week SSY collapsed a dreadful -10.45% in just one week. This week broke a red streak of 4 weeks.

Since late September 2019, when SSY stock price broke down the 40-weeks moving avarage line, it slid $-0.73 per share (-51.77%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support.

SSY stock chart (weekly)

SSY stock price history

SSY IPO was on March 21st, 1980 at $0.00 per share1. Since then, SSY stock grew a inf%, with a yearly average of inf%. If you had invested $1,000 in SSY stock in 1980, it would worth $inf today.

1: Adjusted price after possible price splits or reverse-splits.

SSY stock historical price chart

SSY stock reached 52-week highs on May at $1.70, and all-time highs 1986-06-13 with a price of 18.56.

SSY stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price target for SunLink Health Systems stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

, when SunLink Health Systems posted its last earnings report, it . Unfortunately, reported EPS is not yet available in our database.
SSY earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.1n/a
2017-Q2-n/a-0.2n/a
2017-Q3-n/a-0.02n/a
2017-Q4-n/a0.04n/a
2018-Q12018-05-11n/a-0.08n/a
2018-Q22018-09-25n/a-0.15n/a
2018-Q32018-11-14n/a-0.11n/a
2018-Q42019-02-13n/a-0.01n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, SunLink Health Systems annual sales stayed constant an unpleasant -0.78% to $52.87 million USD from $53.29 marked in 2017. In contrary, its earnings margin (compared to revenues) eased to -3.01%, that is $-1.59 million.

SunLink Health Systems fiscal year ends in June, and to evaluate its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, SunLink Health Systems TTM sales up to December 2018 were $51.91 and income $-2.62 million USD. If we compare this TTM figures with the last reported annuality, we can review SunLink Health Systems business evolution since June 2018: Annual revenues up to December, compared to lastest yearly report, depreciated a bad -1.83%. Regarding profit margin, SunLink Health Systems declined -2.03% to -3.01%

SSY annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$108 M-$-1.59 M-1.5%-
2014$105 M-2.59%$-1.39 M-1.3%-12.58%
2015$74 M-30.05%$0.25 M0.3%-117.63%
2016$63 M-13.98%$-14.08 M-22.2%-5,848.16%
2017$53 M-15.99%$2.69 M5.0%-119.09%
2018$53 M-0.78%$-1.59 M-3.0%-159.26%
TTM $52 M-1.83%$-2.62 M-5.0%64.28%

Quarterly financial results

SunLink Health Systems reported $14.22 M in revenues for 2018-Q4, a 18.01% up compared to previous quarter. Reported quarter income marked $0.31 million with a profit margin of 2.14%. Profit margin jumped a 9.45% compared to previous quarter when profit margin was -7.30%. When comparing sales to same quarter last year, SunLink Health Systems sales marked a tiny growth and raised a 2.49%.
SSY quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$14 M-$-0.89 M-6.5%-
2017-Q2$12 M-10.29%$-2.77 M-22.5%211.24%
2017-Q3$13 M8.73%$-0.28 M-2.1%-90.00%
2017-Q4$14 M3.85%$0.73 M5.2%-362.09%
2018-Q1$13 M-3.32%$-0.59 M-4.4%-180.99%
2018-Q2$12 M-8.97%$-1.45 M-11.9%147.28%
2018-Q3$12 M-1.33%$-0.88 M-7.3%-39.48%
2018-Q4$14 M18.01%$0.31 M2.1%-134.66%

SunLink Health Systems ownership

When you are planning to buy a stock, it's always worth to review its ownership structure.

SunLink Health Systems shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 28.75% of all shares.

In case of SunLink Health Systems stock, 32.15% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SSY stock account 0.00%, no big difference from last month.

The following table compares ownership indicators for other stocks related to SunLink Health Systems:

SSY
Market cap$4.7 M
Total shares7.0 M
Float shares5.1 M
  - Institutional holdings (%)32.1%
  - Insider holdings (%)28.7%
Shares in short selling0.0%

SSY summary

Monday, April 6th, 2020
Open$0.65
Close$0.68
Day range$0.65 - $0.71
Previous close$0.67
Session gain1.49%
Average true range$0.18
50d mov avg$1.04
100d mov avg$1.10
200d mov avg$1.29
Daily pattern
Weekly pattern

SunLink Health Systems performance

To measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare SunLink Health Systems performance to :
Stock3m6m12m
SSYSunLink Health Sy...-36.45%-40.87%-57.23%

SunLink Health Systems competitors

Unfortunately, we could not find any public company that could be defined as SunLink Health Systems competitor. This doesn't mean SunLink Health Systems does not have any competitor in the market, it's just we could not detected it.