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

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

Allied Healthcare Products Price Performance

Allied Healthcare Products has a 12-month low of $0.00 and a 12-month high of $3.46. The company’s 50-day moving average is $0.01. The firm has a market capitalization of $16,000.00, a price-to-earnings ratio of 0.00 and a beta of -2.39.

Institutional Investors 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 position in shares of Allied Healthcare Products, Inc. (NASDAQ:AHPI) in the second quarter, according to the company in its most recent filing with the SEC. The fund 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 SEC. 4.15% of the stock is owned by hedge funds and other institutional investors.

About Allied Healthcare Products

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.