American Shared Hospital Services (NYSEAMERICAN:AMS) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research note published on Saturday. The firm issued a hold rating on the stock.

American Shared Hospital Services Trading Up 1.9 %

Shares of AMS opened at $3.21 on Friday. American Shared Hospital Services has a 12-month low of $2.17 and a 12-month high of $4.60. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.37. The stock has a market cap of $20.42 million, a PE ratio of 4.94 and a beta of 0.67.

American Shared Hospital Services (NYSEAMERICAN:AMS) last announced its earnings results on Wednesday, August 14th. The company reported $0.13 earnings per share (EPS) for the quarter, topping 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 company had revenue of $7.06 million during the quarter, compared to analyst estimates of $6.15 million. As a group, research analysts expect that American Shared Hospital Services will post 0.73 earnings per share for the current year.

Institutional Trading of American Shared Hospital Services

A number of institutional investors have recently made changes to their positions in AMS. Empowered Funds LLC bought a new position in American Shared Hospital Services during the 1st quarter valued at approximately $31,000. Renaissance Technologies LLC lifted its stake 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 acquiring an additional 13,201 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in American Shared Hospital Services by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 179,637 shares of the company’s stock valued at $574,000 after acquiring an additional 8,436 shares in the last quarter. Hedge funds and other 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.