American Shared Hospital Services (NYSEAMERICAN:AMS) Coverage Initiated by Analysts at StockNews.com

by · The Cerbat Gem

StockNews.com assumed coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS – Free Report) in a research report released on Saturday. The firm issued a hold rating on the stock.

American Shared Hospital Services Stock Performance

Shares of American Shared Hospital Services stock opened at $2.41 on Friday. American Shared Hospital Services has a 52-week low of $2.16 and a 52-week high of $3.75. The firm has a 50-day moving average price of $2.61. The company has a market cap of $15.18 million, a PE ratio of 34.43 and a beta of 0.68. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.40.

American Shared Hospital Services (NYSEAMERICAN:AMS – Get Free Report) last announced its quarterly earnings data on Monday, November 13th. The company reported $0.02 earnings per share (EPS) for the quarter. American Shared Hospital Services had a return on equity of 3.95% and a net margin of 2.13%. The business had revenue of $5.13 million for the quarter.

Institutional Investors Weigh In On American Shared Hospital Services

Hedge funds and other institutional investors have recently modified their holdings of the stock. CI Private Wealth LLC purchased a new position in shares of American Shared Hospital Services during the fourth quarter worth about $470,000. Dimensional Fund Advisors LP grew its holdings in shares of American Shared Hospital Services by 4.6% during the first quarter. Dimensional Fund Advisors LP now owns 166,056 shares of the company’s stock worth $467,000 after purchasing an additional 7,375 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of American Shared Hospital Services by 65.5% during the second quarter. Renaissance Technologies LLC now owns 74,795 shares of the company’s stock worth $191,000 after purchasing an additional 29,595 shares in the last quarter. Finally, Citadel Advisors LLC grew its holdings in shares of American Shared Hospital Services by 140.0% during the second quarter. Citadel Advisors LLC now owns 33,223 shares of the company’s stock worth $85,000 after purchasing an additional 19,381 shares in the last quarter. 17.54% of the stock is currently owned by institutional investors.

American Shared Hospital Services Company Profile

(Get Free Report)

American Shared Hospital Services provides radiosurgery and radiation therapy equipment to health care providers. The company offers radiosurgery equipment for the Gamma Knife stereotactic radiosurgery, a non-invasive procedure to treat malignant and benign brain tumors, and arteriovenous malformations, as well as for trigeminal neuralgia.

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