American Shared Hospital Services (NYSEAMERICAN:AMS) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research report sent to investors on Friday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Stock Performance

Shares of AMS opened at $2.63 on Friday. The firm has a market cap of $16.41 million, a PE ratio of 26.30 and a beta of 0.68. The stock’s fifty day moving average price is $2.61 and its two-hundred day moving average price is $2.85. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.97 and a quick ratio of 2.97. American Shared Hospital Services has a 1 year low of $2.33 and a 1 year high of $3.75.

American Shared Hospital Services (NYSEAMERICAN:AMS) last released its quarterly earnings data on Monday, August 14th. The company reported $0.07 earnings per share (EPS) for the quarter. American Shared Hospital Services had a return on equity of 4.74% and a net margin of 3.14%. The company had revenue of $5.57 million for the quarter.

Institutional Trading of American Shared Hospital Services

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC grew its position in American Shared Hospital Services by 26.3% during the third quarter. Renaissance Technologies LLC now owns 19,321 shares of the company’s stock worth $50,000 after buying an additional 4,021 shares in the last quarter. Canton Hathaway LLC boosted its holdings in shares of American Shared Hospital Services by 50.0% in the 1st quarter. Canton Hathaway LLC now owns 30,000 shares of the company’s stock worth $84,000 after purchasing an additional 10,000 shares in the last quarter. Citadel Advisors LLC boosted its holdings in shares of American Shared Hospital Services by 140.0% in the 2nd 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. Dimensional Fund Advisors LP boosted its holdings in shares of American Shared Hospital Services by 3.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 158,681 shares of the company’s stock worth $465,000 after purchasing an additional 5,899 shares in the last quarter. Finally, CI Private Wealth LLC purchased a new position in shares of American Shared Hospital Services in the 4th quarter worth about $470,000. 17.54% of the stock is currently owned by institutional investors.

About American Shared Hospital Services

American Shared Hospital Services engages in leasing radiosurgery and radiation therapy equipment to healthcare providers. Its equipment includes Gamma Knife, PBRT, and IGRT. The Gamma Knife radiosurgery equipment is a non-invasive treatment for malignant and benign brain tumors, vascular malformations and trigeminal neuralgia.