Allied Healthcare Products (NASDAQ:AHPI) Now Covered by Analysts at StockNews.com

Equities researchers at StockNews.com assumed coverage on shares of Allied Healthcare Products (NASDAQ:AHPI – Get Rating) in a research note issued on Thursday. The firm set a “sell” rating on the medical equipment provider’s stock.

Allied Healthcare Products Price Performance

Shares of NASDAQ AHPI opened at $0.00 on Thursday. The business’s 50 day moving average price is $0.51 and its two-hundred day moving average price is $1.06. The company has a market cap of $8,421.00, a PE ratio of 0.00 and a beta of -2.17. The company has a quick ratio of 1.27, a current ratio of 2.69 and a debt-to-equity ratio of 1.52. Allied Healthcare Products has a twelve month low of $0.00 and a twelve month high of $3.67.

Hedge Funds Weigh In On Allied Healthcare Products

A hedge fund recently bought a new stake in Allied Healthcare Products stock. Millennium Management LLC bought a new stake in Allied Healthcare Products, Inc. (NASDAQ:AHPI – Get Rating) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,578 shares of the medical equipment provider’s stock, valued at approximately $25,000. Millennium Management LLC owned about 0.39% of Allied Healthcare Products at the end of the most recent quarter. 4.15% of the stock is owned by hedge funds and other institutional investors.

About Allied Healthcare Products

(Get Rating)

Allied Healthcare Products, Inc engages in manufacturing respiratory products used in the health care industry in hospitals and alternate site settings, including sub-acute care facilities, home health care and emergency medical care. Its product line includes respiratory care products, medical gas equipment, and emergency medical products.