Sunlink Health Systems Inc (SSY) saw an uptrend of 20.88% in the recent trading with $1.10 being its most recent. The current price level -42.41% lower than the highest price of $1.91 marked by the stock while trading over the past 52-weeks, whereas it is 107.43% higher than the lowest price of $0.53 the company dropped to over past 52-weeks. The latest news story on SSY appeared in (Business Wire) under the title “SunLink Health Systems, Inc. Announces Fiscal 2025 First Quarter Results”.
Squeezing the time span to 30 day period shows us the stock is currently trading -42.41% below one month high and is +76.08% above of the lowest during that time. Looking into the simple moving average, Sunlink Health Systems Inc (SSY)’s stock stands at a SMA-50 of $0.8387 while that of 5-day is reading $0.9633.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and SSY’s SMA-200 as of now is $0.7749.
Sunlink Health Systems Inc Earnings – What Happened With SSY
Coming around sales and income figures on SSY Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
SSY – Sunlink Health Systems Inc Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 7.04 million. SSY does have institutional investors; and they hold 13.43% of the stock.
Sunlink Health Systems Inc – Insider Activity and Holdings
As on 2024-06-30, RENAISSANCE TECHNOLOGIES LLC was the top most holder in Sunlink Health Systems Inc (AMEX:SSY) with an ownership of 0.25 million shares of the company or 3.6 of the stake worth $0.2 million. The filing also reveals BRIDGEWAY CAPITAL MANAGEMENT, LLC as the second largest holder in the company with a control over 3.0933 of the outstanding shares. Its stake is worth $0.17 million for having 0.22 million shares in hand.
ACADIAN ASSET MANAGEMENT LLC also came holding a key position in the company during the recent quarter and it now holds 1.9563 of the outstanding shares. With this there are now 13.0 institutions which have possession in SSY’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Sunlink Health Systems Inc has a debt to equity ratio of 0.03.
Technical Analysis of Sunlink Health Systems Inc (AMEX:SSY) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Sunlink Health Systems Inc (SSY), we notice that the stock’s 20-day average volume is at 932,205 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 381,050 shares. And to end, SSY’s 100-day average volume is 193,870 shares with 100% of the long-term indicators pointing towards Buy for the stock.
