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:AMSFree Report) in a research note published on Tuesday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Trading Up 0.8 %

Shares of NYSEAMERICAN AMS opened at $2.67 on Tuesday. The firm has a market capitalization of $16.82 million, a PE ratio of 38.14 and a beta of 0.69. The company has a fifty day moving average of $2.60. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.03 and a current ratio of 2.03. American Shared Hospital Services has a 12-month low of $2.16 and a 12-month high of $3.75.

American Shared Hospital Services (NYSEAMERICAN:AMSGet Free Report) last posted its earnings results on Monday, November 13th. The company reported $0.02 EPS for the quarter. The firm had revenue of $5.13 million for the quarter. American Shared Hospital Services had a return on equity of 3.95% and a net margin of 2.13%.

Hedge Funds Weigh In On American Shared Hospital Services

Several hedge funds have recently made changes to their positions in the company. Renaissance Technologies LLC grew its holdings 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 last quarter. Citadel Advisors LLC grew its holdings in shares of American Shared Hospital Services by 140.0% during the second quarter. Citadel Advisors LLC now owns 33,223 shares of the company’s stock worth $85,000 after buying an additional 19,381 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of American Shared Hospital Services by 3.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 158,681 shares of the company’s stock worth $465,000 after buying an additional 5,899 shares during the last quarter. Finally, CI Private Wealth LLC purchased a new position in shares of American Shared Hospital Services during the fourth quarter worth about $470,000. Hedge funds and other institutional investors own 17.54% of the company’s stock.

American Shared Hospital Services Company Profile

(Get Free Report)

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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