Sunlink Health Systems Inc (AMEX:SSY) price is hovering higher on current market day and jumping 9.07% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $0.99. Taking into account the 52-week price action we note that the stock hit a 52-week high of $1.91 and 52-week low of $0.59. The stock added 22.70% on its value in the past month.
Sunlink Health Systems Inc, which has a market valuation of $7.60 million, is expected to release its quarterly earnings report in July.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.
The overview shows that SSY’s price is at present 22.01% off the SMA20 and 19.94% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 70.78, with weekly volatility standing at 7.20%. The indicator jumps to 3.77% when calculated based on the past 30 days. Sunlink Health Systems Inc (AMEX:SSY)’s beta value is holding at 1.13, while the average true range (ATR) indicator is currently reading 0.07.
An analysis of the Sunlink Health Systems Inc (AMEX:SSY) stock in terms of its daily trading volume indicates that the 3-month average is 49.14K.
Current records show that the company has 7.04M in outstanding shares. The insiders’ percentage holdings are 32.55% of outstanding shares while the percentage share held by institutions stands at 11.39%. But the 22.70% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.