SunLink Health Systems, Inc. (NYSEAMERICAN:SSY – Get Rating) CEO Robert M. Thornton, Jr. purchased 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 25th. The shares were acquired at an average price of $1.03 per share, for a total transaction of $25,750.00. Following the completion of the transaction, the chief executive officer now owns 543,343 shares in the company, valued at $559,643.29. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of SSY stock traded up $0.01 during trading hours on Thursday, reaching $1.05. The company had a trading volume of 104,504 shares, compared to its average volume of 35,483. The company has a market cap of $7.30 million, a P/E ratio of 0.81 and a beta of 1.02. SunLink Health Systems, Inc. has a 1-year low of $0.96 and a 1-year high of $3.95.
A hedge fund recently raised its stake in SunLink Health Systems stock. Renaissance Technologies LLC increased its holdings in shares of SunLink Health Systems, Inc. (NYSEAMERICAN:SSY – Get Rating) by 4.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 331,284 shares of the company’s stock after purchasing an additional 13,800 shares during the period. Renaissance Technologies LLC owned 4.76% of SunLink Health Systems worth $510,000 as of its most recent filing with the SEC. 16.71% of the stock is currently owned by institutional investors and hedge funds.
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.
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