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:AMS) in a research note released on Wednesday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Stock Down 0.9 %

NYSEAMERICAN:AMS opened at $3.22 on Wednesday. American Shared Hospital Services has a twelve month low of $2.33 and a twelve month high of $4.60. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $20.67 million, a P/E ratio of 5.37 and a beta of 0.67.

Hedge Funds Weigh In On American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Dimensional Fund Advisors LP lifted its stake in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 179,637 shares of the company’s stock after buying an additional 8,436 shares during the period. Dimensional Fund Advisors LP owned about 2.84% of American Shared Hospital Services worth $574,000 as of its most recent SEC filing. 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.