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:AMSGet Free Report) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

American Shared Hospital Services Trading Up 1.7 %

AMS opened at $2.74 on Thursday. The business has a 50-day moving average price of $2.60. The stock has a market cap of $17.25 million, a PE ratio of 39.11 and a beta of 0.66. American Shared Hospital Services has a 12-month low of $2.16 and a 12-month high of $3.14. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.03 and a quick ratio of 2.03.

Institutional Investors Weigh In On American Shared Hospital Services

Several institutional investors have recently added to or reduced their stakes in the business. Renaissance Technologies LLC raised its stake in shares of American Shared Hospital Services by 26.3% during the 3rd quarter. Renaissance Technologies LLC now owns 19,321 shares of the company’s stock worth $50,000 after buying an additional 4,021 shares during the period. Citadel Advisors LLC raised its holdings in shares of American Shared Hospital Services by 28.9% during the fourth quarter. Citadel Advisors LLC now owns 24,072 shares of the company’s stock valued at $57,000 after acquiring an additional 5,391 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of American Shared Hospital Services by 16.2% during the fourth quarter. Vanguard Group Inc. now owns 117,884 shares of the company’s stock valued at $280,000 after acquiring an additional 16,475 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of American Shared Hospital Services by 3.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 158,681 shares of the company’s stock valued at $465,000 after acquiring an additional 5,899 shares during the last quarter. Finally, CI Private Wealth LLC acquired a new position in American Shared Hospital Services in the 4th quarter valued at $470,000. Institutional investors and hedge funds own 17.54% of the company’s stock.

About American Shared Hospital Services

(Get Free Report)

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.

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