American Shared Hospital Services (NYSEAMERICAN:AMS) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a report issued on Wednesday. The firm set a “hold” rating on the stock.

American Shared Hospital Services Stock Up 2.3 %

Shares of American Shared Hospital Services stock opened at $3.16 on Wednesday. The firm has a market cap of $20.29 million, a P/E ratio of 5.27 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.46 and a current ratio of 1.46. American Shared Hospital Services has a 12 month low of $2.51 and a 12 month 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 holdings in American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,637 shares of the company’s stock after purchasing 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 filing with the Securities and Exchange Commission. 23.16% of the stock is currently owned by institutional investors and hedge funds.

About American Shared Hospital Services

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.