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

Stock analysts at StockNews.com assumed coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a report issued on Saturday. The brokerage set a “hold” rating on the stock.

American Shared Hospital Services Stock Down 0.6 %

AMS stock opened at $2.57 on Friday. The stock’s 50 day simple moving average is $2.61 and its 200 day simple moving average is $2.85. American Shared Hospital Services has a fifty-two week low of $2.33 and a fifty-two week high of $3.75. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.97 and a current ratio of 2.97. The company has a market cap of $16.04 million, a P/E ratio of 25.70 and a beta of 0.68.

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

Institutional Trading of American Shared Hospital Services

A number of institutional investors and hedge funds have recently modified their holdings of the business. Citadel Advisors LLC increased its position 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 valued at $85,000 after acquiring an additional 19,381 shares during the last quarter. Renaissance Technologies LLC grew its holdings 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 purchasing an additional 29,595 shares during the period. Dimensional Fund Advisors LP grew its holdings in 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 valued at $467,000 after purchasing an additional 7,375 shares during the period. Canton Hathaway LLC grew its holdings in American Shared Hospital Services by 50.0% during the first quarter. Canton Hathaway LLC now owns 30,000 shares of the company’s stock valued at $84,000 after purchasing an additional 10,000 shares during the period. Finally, CI Private Wealth LLC bought a new position in American Shared Hospital Services during the fourth quarter valued at $470,000. 17.54% of the stock is owned by hedge funds and other institutional investors.

About American Shared Hospital Services

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.