How Worried Should Investors Be About Sunlink Health Systems Inc (SSY)

Sunlink Health Systems Inc (AMEX:SSY) does about 220.51K shares in volume on a normal day but saw 5294554 shares change hands in the recent trading day. The company now has a market cap of 7.78M USD. Its current market price is $1.10, marking an increase of 20.88% compared to the previous close of $0.91. The 52 week high reached by this stock is $1.91 whilst the lowest price level in 52 weeks is $0.53.

Sunlink Health Systems Inc (SSY) has a 20-day trading average at $0.8564 and the current price is -42.41% off the 52-week high compared with 107.43% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8387 and its 200-day simple moving average is $0.7749. If we look at the stock’s price movements over the week, volatility stands at 28.90%, which decreases to 19.06% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 62.45 to suggest the stock is neutral.

The current price level is 28.45%, 31.15%, and 41.96% away from its SMA20, SMA50, and SMA200 respectively, with the SSY price moving below the 50-day SMA on current market day. Sunlink Health Systems Inc (SSY) stock is down -10.57% over the week and 30.95% over the past month. Its price is 25.00% year-to-date and 17.02% over the past year.

The company has a return on investment of -40.57% and return on equity of -14.76%. The beta has a value of 1.40. Price to book ratio is 0.50 and price to sales ratio is 0.24.