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 report published on Monday morning. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Price Performance

AMS stock opened at $3.04 on Monday. American Shared Hospital Services has a twelve month low of $2.16 and a twelve month high of $4.60. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.92 and a current ratio of 1.92. The firm has a market capitalization of $19.33 million, a PE ratio of 38.00 and a beta of 0.67.

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

Institutional Investors Weigh In On American Shared Hospital Services

Several hedge funds have recently bought and sold shares of the company. Empowered Funds LLC acquired a new position in American Shared Hospital Services in the first quarter valued at about $31,000. Dimensional Fund Advisors LP raised its position in shares of American Shared Hospital Services by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 179,637 shares of the company’s stock worth $574,000 after purchasing an additional 8,436 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in shares of American Shared Hospital Services by 31.2% during the 2nd quarter. Renaissance Technologies LLC now owns 55,501 shares of the company’s stock valued at $177,000 after purchasing an additional 13,201 shares in the last quarter. 23.16% of the stock is currently owned by institutional investors and hedge funds.

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.