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

StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research report sent to investors on Wednesday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Price Performance

AMS opened at $3.06 on Wednesday. American Shared Hospital Services has a fifty-two week low of $2.16 and a fifty-two week high of $4.60. The stock has a market cap of $19.46 million, a P/E ratio of 38.25 and a beta of 0.70. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.92 and a current ratio of 1.92.

American Shared Hospital Services (NYSEAMERICAN:AMS) last posted its quarterly earnings data on Wednesday, August 14th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.07 by $0.06. American Shared Hospital Services had a net margin of 18.41% and a return on equity of 5.39%. The firm had revenue of $7.06 million during the quarter, compared to analyst estimates of $6.15 million. On average, equities research analysts anticipate that American Shared Hospital Services will post 0.29 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Renaissance Technologies LLC increased its position in American Shared Hospital Services by 31.2% in the second quarter. Renaissance Technologies LLC now owns 55,501 shares of the company’s stock worth $177,000 after buying an additional 13,201 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of American Shared Hospital Services during the 1st quarter valued at $31,000. Finally, Dimensional Fund Advisors LP grew its stake in shares of American Shared Hospital Services by 4.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 179,637 shares of the company’s stock worth $574,000 after acquiring an additional 8,436 shares during the period. Institutional investors own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. 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.