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

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

American Shared Hospital Services Stock Performance

NYSEAMERICAN AMS opened at $3.25 on Tuesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.46 and a quick ratio of 1.46. American Shared Hospital Services has a fifty-two week low of $2.33 and a fifty-two week high of $4.60. The company has a market capitalization of $20.87 million, a price-to-earnings ratio of 5.42 and a beta of 0.66.

Institutional Investors Weigh In On American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Renaissance Technologies LLC lifted its holdings in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 31.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,501 shares of the company’s stock after buying an additional 13,201 shares during the period. Renaissance Technologies LLC owned approximately 0.88% of American Shared Hospital Services worth $177,000 at the end of the most recent reporting period. 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.