American Shared Hospital Services (NYSEAMERICAN:AMS) Now Covered by StockNews.com

Stock analysts at StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMSGet Free Report) in a note issued to investors on Friday. The brokerage set a “hold” rating on the stock.

American Shared Hospital Services Stock Performance

Shares of AMS stock opened at $3.33 on Friday. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.49. The company has a market capitalization of $21.08 million, a PE ratio of 41.63 and a beta of 0.66. American Shared Hospital Services has a one year low of $2.16 and a one year high of $3.69.

American Shared Hospital Services (NYSEAMERICAN:AMSGet Free Report) last posted its quarterly earnings data on Tuesday, May 14th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). American Shared Hospital Services had a net margin of 2.50% and a return on equity of 4.29%. The firm had revenue of $5.22 million during the quarter, compared to analysts’ expectations of $5.01 million. On average, research analysts forecast that American Shared Hospital Services will post 0.29 earnings per share for the current year.

Hedge Funds Weigh In On American Shared Hospital Services

An institutional investor recently bought a new position in American Shared Hospital Services stock. Empowered Funds LLC bought a new stake in American Shared Hospital Services (NYSEAMERICAN:AMSFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 10,468 shares of the company’s stock, valued at approximately $31,000. Empowered Funds LLC owned approximately 0.17% of American Shared Hospital Services at the end of the most recent quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

(Get Free Report)

American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. 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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