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

Research analysts at StockNews.com began coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research report issued to clients and investors on Friday. The brokerage set a “hold” rating on the stock.

American Shared Hospital Services Stock Performance

American Shared Hospital Services stock opened at $3.07 on Friday. The stock has a market cap of $19.71 million, a P/E ratio of 5.12 and a beta of 0.66. 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 52 week low of $2.33 and a 52 week high of $4.60.

Institutional Trading of American Shared Hospital Services

A hedge fund recently raised its stake in American Shared Hospital Services stock. Dimensional Fund Advisors LP boosted its position in American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 179,637 shares of the company’s stock after buying an additional 8,436 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.84% of American Shared Hospital Services worth $574,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 23.16% of the stock is currently owned by institutional investors and hedge funds.

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.