American Shared Hospital Services (NYSEAMERICAN:AMS) Stock Passes Below 200-Day Moving Average – Here’s Why

American Shared Hospital Services (NYSEAMERICAN:AMS) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $2.14 and traded as low as $1.33. American Shared Hospital Services shares last traded at $1.38, with a volume of 4,968 shares traded.

American Shared Hospital Services Stock Up 3.0%

The company has a 50 day simple moving average of $2.01 and a two-hundred day simple moving average of $2.14. The company has a market capitalization of $9.11 million, a P/E ratio of -6.00 and a beta of 0.30.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its quarterly earnings data on Tuesday, March 31st. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.11). American Shared Hospital Services had a negative return on equity of 7.64% and a negative net margin of 7.58%.The company had revenue of $7.73 million for the quarter, compared to the consensus estimate of $8.78 million. As a group, research analysts expect that American Shared Hospital Services will post 0.52 EPS for the current fiscal year.

Institutional Investors Weigh In On American Shared Hospital Services

An institutional investor recently bought a new position in American Shared Hospital Services stock. DRW Securities LLC acquired a new position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned about 0.77% of American Shared Hospital Services at the end of the most recent reporting period. Institutional investors own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.

The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.