StockNews.com Begins Coverage on Allied Healthcare Products (NASDAQ:AHPI)

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

Allied Healthcare Products Price Performance

Shares of AHPI stock opened at $0.01 on Friday. The firm has a market capitalization of $20,065.00, a price-to-earnings ratio of 0.00 and a beta of -2.39. Allied Healthcare Products has a 52-week low of $0.00 and a 52-week high of $3.46.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Allied Healthcare Products stock. Millennium Management LLC bought a new stake in shares of Allied Healthcare Products, Inc. (NASDAQ:AHPI) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 15,578 shares of the medical equipment provider’s stock, valued at approximately $25,000. Millennium Management LLC owned 0.39% of Allied Healthcare Products as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 4.15% of the company’s stock.

Allied Healthcare Products Company Profile

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.