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

StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMSFree Report) in a report issued on Wednesday morning. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Stock Up 2.1 %

AMS opened at $2.70 on Wednesday. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.40. The company has a fifty day moving average price of $2.60. American Shared Hospital Services has a 52 week low of $2.16 and a 52 week high of $3.75. The company has a market capitalization of $16.98 million, a PE ratio of 38.50 and a beta of 0.69.

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

Institutional Investors Weigh In On American Shared Hospital Services

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP raised its position in American Shared Hospital Services by 4.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 166,056 shares of the company’s stock valued at $467,000 after purchasing an additional 7,375 shares during the last quarter. CI Private Wealth LLC bought a new position in American Shared Hospital Services in the fourth quarter worth $470,000. Renaissance Technologies LLC lifted its position in American Shared Hospital Services by 65.5% during the second quarter. Renaissance Technologies LLC now owns 74,795 shares of the company’s stock valued at $191,000 after buying an additional 29,595 shares during the period. Finally, Citadel Advisors LLC boosted its holdings in shares of American Shared Hospital Services by 140.0% during the 2nd quarter. Citadel Advisors LLC now owns 33,223 shares of the company’s stock valued at $85,000 after buying 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

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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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