SSY stock: buy or sell?
April 6th, 2020
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.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
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
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%).
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 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 targetHow 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.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 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%
|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 resultsSunLink 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%.
|2017-Q1||$14 M||-||$-0.89 M-6.5%||-|
|2017-Q2||$12 M||-10.29%||$-2.77 M-22.5%||211.24%|
|2017-Q3||$13 M||8.73%||$-0.28 M-2.1%||-90.00%|
|2017-Q4||$14 M||3.85%||$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 M||18.01%||$0.31 M2.1%||-134.66%|
SunLink Health Systems ownershipWhen 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:
|Market cap||$4.7 M|
|Total shares||7.0 M|
|Float shares||5.1 M|
|- Institutional holdings (%)||32.1%|
|- Insider holdings (%)||28.7%|
|Shares in short selling||0.0%|
|Monday, April 6th, 2020|
|Day range||$0.65 - $0.71|
|Average true range||$0.18|
|50d mov avg||$1.04|
|100d mov avg||$1.10|
|200d mov avg||$1.29|
SunLink Health Systems performanceTo measure stock performance is always good to compare with competitors or related stocks. In the following table, we compare SunLink Health Systems performance to :
|SSYSunLink Health Sy...||-36.45%||-40.87%||-57.23%|