Insider Selling: SunLink Health Systems, Inc. (SSY) Director Sells 59,695 Shares of Stock

SunLink Health Systems, Inc. (NYSEAMERICAN:SSY) Director Steven J. Baileys sold 59,695 shares of the stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $1.54, for a total transaction of $91,930.30. Following the completion of the sale, the director now directly owns 659,244 shares in the company, valued at $1,015,235.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of SSY stock remained flat at $$1.62 during trading hours on Friday. 4,532 shares of the company’s stock traded hands, compared to its average volume of 21,664. SunLink Health Systems, Inc. has a 52-week low of $0.81 and a 52-week high of $2.02.

SunLink Health Systems (NYSEAMERICAN:SSY) last posted its quarterly earnings results on Wednesday, February 13th. The company reported ($0.01) EPS for the quarter. The business had revenue of $14.22 million for the quarter.

A hedge fund recently bought a new stake in SunLink Health Systems stock. Minerva Advisors LLC purchased a new stake in SunLink Health Systems, Inc. (NYSEAMERICAN:SSY) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 47,330 shares of the company’s stock, valued at approximately $54,000. Minerva Advisors LLC owned approximately 0.64% of SunLink Health Systems as of its most recent SEC filing.

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About SunLink Health Systems

SunLink Health Systems, Inc, through its subsidiaries, provides healthcare services in the southeastern United States. It operates through two segments, Healthcare Services and Pharmacy. The Healthcare Services segment owns and operates a 84 bed community hospital, which includes a 18 bed geriatric psychiatry unit and a 66 bed nursing home in Mississippi; and a 100 bed nursing home in Georgia, as well as offers information technology services.

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