American Shared Hospital Services (NYSEAMERICAN:AMS) Receives New Coverage from Analysts at StockNews.com

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

American Shared Hospital Services Stock Performance

AMS opened at $3.19 on Friday. The stock has a market cap of $20.19 million, a P/E ratio of 39.94 and a beta of 0.70. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.49. American Shared Hospital Services has a twelve month low of $2.16 and a twelve month high of $3.69.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its earnings results 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 company had revenue of $5.22 million during the quarter, compared to analysts’ expectations of $5.01 million. As a group, sell-side analysts predict that American Shared Hospital Services will post 0.29 earnings per share for the current year.

Institutional Trading of American Shared Hospital Services

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