American Shared Hospital Services (NYSEAMERICAN:AMS) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com began coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a report released on Thursday. The firm set a “hold” rating on the stock.

American Shared Hospital Services Trading Up 3.2 %

AMS stock opened at $3.22 on Thursday. The company has a market cap of $20.38 million, a P/E ratio of 35.78 and a beta of 0.68. American Shared Hospital Services has a 1 year low of $2.16 and a 1 year high of $3.23. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.42.

American Shared Hospital Services (NYSEAMERICAN:AMS) last released its quarterly earnings data on Wednesday, March 27th. The company reported $0.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $5.70 million during the quarter, compared to analysts’ expectations of $5.19 million. American Shared Hospital Services had a net margin of 2.86% and a return on equity of 4.58%. Research analysts forecast that American Shared Hospital Services will post 0.32 EPS for the current fiscal year.

American Shared Hospital Services Company Profile

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.