American Shared Hospital Services (NYSE:AMS) Coverage Initiated at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of American Shared Hospital Services (NYSE:AMS – Get Rating) in a report issued on Wednesday. The firm set a “hold” rating on the stock.

American Shared Hospital Services Trading Down 1.4 %

Shares of NYSE:AMS opened at $2.85 on Wednesday. American Shared Hospital Services has a fifty-two week low of $2.18 and a fifty-two week high of $3.75. The company has a market capitalization of $17.53 million, a P/E ratio of 13.57 and a beta of 0.81. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.95 and a current ratio of 3.95.

American Shared Hospital Services Company Profile

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American Shared Hospital Services engages in leasing radiosurgery and radiation therapy equipment to healthcare providers. Its equipment includes Gamma Knife, PBRT, and IGRT. The Gamma Knife radiosurgery equipment is a non-invasive treatment for malignant and benign brain tumors, vascular malformations and trigeminal neuralgia.