Allied Healthcare Products (NASDAQ:AHPI) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com started coverage on shares of Allied Healthcare Products (NASDAQ:AHPI – Get Rating) in a report released on Saturday. The firm set a “sell” rating on the medical equipment provider’s stock.

Allied Healthcare Products Price Performance

NASDAQ AHPI opened at $0.00 on Friday. Allied Healthcare Products has a twelve month low of $0.00 and a twelve month high of $3.46. The stock has a market capitalization of $8,828.60, a P/E ratio of 0.00 and a beta of -2.39.

Institutional Inflows and Outflows

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

Allied Healthcare Products Company Profile

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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.