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

StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research note published on Saturday. The firm issued a hold rating on the stock.

American Shared Hospital Services Trading Down 0.3 %

NYSEAMERICAN:AMS opened at $3.05 on Friday. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.37. The firm has a market cap of $19.40 million, a P/E ratio of 38.13 and a beta of 0.67. American Shared Hospital Services has a one year low of $2.16 and a one year high of $4.60.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its quarterly earnings results on Wednesday, August 14th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.06. American Shared Hospital Services had a return on equity of 5.39% and a net margin of 18.41%. The firm had revenue of $7.06 million for the quarter, compared to analyst estimates of $6.15 million. On average, equities analysts expect that American Shared Hospital Services will post 0.73 EPS for the current fiscal year.

Institutional Trading of American Shared Hospital Services

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Empowered Funds LLC acquired a new stake in shares of American Shared Hospital Services during the 1st quarter worth about $31,000. Renaissance Technologies LLC grew its stake in American Shared Hospital Services by 31.2% during the second quarter. Renaissance Technologies LLC now owns 55,501 shares of the company’s stock worth $177,000 after buying an additional 13,201 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its holdings in shares of American Shared Hospital Services by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 179,637 shares of the company’s stock worth $574,000 after buying an additional 8,436 shares in the last quarter. Institutional investors own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

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.