Allied Healthcare Products (NASDAQ:AHPI) Now Covered by StockNews.com

StockNews.com started coverage on shares of Allied Healthcare Products (NASDAQ:AHPIFree Report) in a research note issued to investors on Tuesday. The firm issued a sell rating on the medical equipment provider’s stock.

Allied Healthcare Products Price Performance

Allied Healthcare Products has a fifty-two week low of $0.00 and a fifty-two week high of $3.46. The company has a market capitalization of $16,000.00, a P/E ratio of 0.00 and a beta of -2.39. The business has a 50 day moving average price of $0.01 and a 200-day moving average price of $0.01.

Institutional Investors Weigh In On Allied Healthcare Products

An institutional investor recently bought a new position in Allied Healthcare Products stock. Millennium Management LLC bought a new stake in shares of Allied Healthcare Products, Inc. (NASDAQ:AHPIFree Report) during the second quarter, according to the company in its most recent 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 approximately 0.39% of Allied Healthcare Products at the end of the most recent reporting period. Hedge funds and other institutional investors own 4.15% of the company’s stock.

Allied Healthcare Products Company Profile

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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.

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