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

StockNews.com assumed coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research note released on Tuesday. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Stock Up 0.3 %

Shares of AMS opened at $3.25 on Tuesday. American Shared Hospital Services has a one year low of $2.16 and a one year high of $3.69. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.49. The stock has a market cap of $20.57 million, a price-to-earnings ratio of 40.63 and a beta of 0.70.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). American Shared Hospital Services had a return on equity of 4.29% and a net margin of 2.50%. The firm had revenue of $5.22 million for the quarter, compared to analyst estimates of $5.01 million. On average, equities analysts expect 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 purchased a new stake in American Shared Hospital Services (NYSEAMERICAN:AMS) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 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 as of its most recent SEC filing. 23.16% of the stock is currently owned by institutional investors.

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.