Allied Healthcare Products (NASDAQ:AHPI) Now Covered by Analysts at StockNews.com

StockNews.com assumed coverage on shares of Allied Healthcare Products (NASDAQ:AHPI) in a research report released on Saturday morning. The firm issued a sell rating on the medical equipment provider’s stock.

Allied Healthcare Products Stock Performance

The stock has a market capitalization of $16,000.00, a P/E ratio of 0.00 and a beta of -2.39. Allied Healthcare Products has a 1 year low of $0.00 and a 1 year high of $3.46. The business has a fifty day moving average price of $0.01.

Hedge Funds Weigh In On Allied Healthcare Products

An institutional investor recently bought a new position in Allied Healthcare Products stock. Millennium Management LLC acquired a new stake in shares of Allied Healthcare Products, Inc. (NASDAQ:AHPI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,578 shares of the medical equipment provider’s stock, valued at approximately $25,000. Millennium Management LLC owned approximately 0.39% of Allied Healthcare Products at the end of the most recent reporting period. Institutional investors and hedge funds own 4.15% of the company’s stock.

Allied Healthcare Products Company Profile

Allied Healthcare Products, Inc engages in manufacturing respiratory products used in the health care industry in hospitals and alternate site settings, including sub-acute care facilities, home health care and emergency medical care. Its product line includes respiratory care products, medical gas equipment, and emergency medical products.