American Shared Hospital Services (NYSEAMERICAN:AMS – Get Free Report) posted its quarterly earnings results on Monday. The company reported $0.02 earnings per share (EPS) for the quarter, reports. The company had revenue of $5.13 million for the quarter. American Shared Hospital Services had a return on equity of 3.96% and a net margin of 2.13%.
American Shared Hospital Services Stock Up 6.4 %
AMS opened at $2.34 on Wednesday. The stock has a market capitalization of $14.60 million, a P/E ratio of 13.75 and a beta of 0.69. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.97 and a current ratio of 2.97. American Shared Hospital Services has a one year low of $2.16 and a one year high of $3.75. The business’s 50-day simple moving average is $2.61 and its 200-day simple moving average is $2.85.
Wall Street Analysts Forecast Growth
Separately, StockNews.com initiated coverage on shares of American Shared Hospital Services in a report on Tuesday. They set a “hold” rating for the company.
Institutional Investors Weigh In On American Shared Hospital Services
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Renaissance Technologies LLC boosted its stake in shares of American Shared Hospital Services by 26.3% during the third quarter. Renaissance Technologies LLC now owns 19,321 shares of the company’s stock worth $50,000 after buying an additional 4,021 shares during the period. Citadel Advisors LLC lifted its position in American Shared Hospital Services by 140.0% during the 2nd quarter. Citadel Advisors LLC now owns 33,223 shares of the company’s stock worth $85,000 after acquiring an additional 19,381 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of American Shared Hospital Services by 3.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 158,681 shares of the company’s stock valued at $465,000 after purchasing an additional 5,899 shares during the last quarter. Finally, CI Private Wealth LLC acquired a new position in shares of American Shared Hospital Services in the fourth quarter valued at approximately $470,000. Hedge funds and other institutional investors own 17.54% of the company’s stock.
American Shared Hospital Services Company Profile
American Shared Hospital Services provides radiosurgery and radiation therapy equipment to health care providers. 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.
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