StockNews.com started coverage on shares of Allied Healthcare Products (NASDAQ:AHPI – Get Rating) in a research report issued to clients and investors on Friday. The firm set a “sell” rating on the medical equipment provider’s stock.
Separately, TheStreet cut Allied Healthcare Products from a “c” rating to a “d” rating in a research note on Wednesday, February 16th.
Shares of AHPI opened at $2.03 on Friday. The business’s 50-day moving average price is $2.42 and its 200 day moving average price is $3.62. The stock has a market capitalization of $8.14 million, a P/E ratio of -4.32 and a beta of -3.81. Allied Healthcare Products has a 1-year low of $1.72 and a 1-year high of $16.41.
Large investors have recently added to or reduced their stakes in the business. Squarepoint Ops LLC purchased a new position in Allied Healthcare Products during the 3rd quarter valued at about $80,000. Renaissance Technologies LLC grew its stake in shares of Allied Healthcare Products by 5.3% in the 3rd quarter. Renaissance Technologies LLC now owns 49,700 shares of the medical equipment provider’s stock valued at $343,000 after buying an additional 2,500 shares in the last quarter. Dimensional Fund Advisors LP bought a new stake in shares of Allied Healthcare Products in the 4th quarter valued at approximately $249,000. Finally, Schonfeld Strategic Advisors LLC bought a new stake in shares of Allied Healthcare Products in the 3rd quarter valued at approximately $117,000.
Allied Healthcare Products Company Profile (Get Rating)
Allied Healthcare Products, Inc manufactures and markets respiratory products for use in the health care industry in a range of hospitals and alternate site settings worldwide. The company offers respiratory care/anesthesia products, including air compressors, calibration equipment, humidifiers, croup tents, and equipment dryers, as well as respiratory disposable products, such as oxygen tubing products, facemasks, cannulas, and ventilator circuits; and home respiratory care products comprising aluminum oxygen cylinders, oxygen regulators, pneumatic nebulizers, portable suction equipment, and a line of respiratory disposable products.
- Get a free copy of the StockNews.com research report on Allied Healthcare Products (AHPI)
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