American Shared Hospital Services (NYSEAMERICAN:AMS) Research Coverage Started at StockNews.com

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

American Shared Hospital Services Price Performance

NYSEAMERICAN:AMS opened at $3.12 on Friday. The firm has a market capitalization of $19.84 million, a PE ratio of 4.80 and a beta of 0.67. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.37. American Shared Hospital Services has a 1 year low of $2.16 and a 1 year high of $4.60.

American Shared Hospital Services (NYSEAMERICAN:AMS) last released its quarterly earnings results on Wednesday, August 14th. The company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.06. The company had revenue of $7.06 million for the quarter, compared to the consensus estimate of $6.15 million. American Shared Hospital Services had a net margin of 18.41% and a return on equity of 5.39%. Analysts forecast that American Shared Hospital Services will post 0.73 earnings per share for the current year.

Institutional Investors Weigh In On American Shared Hospital Services

Large investors have recently modified their holdings of the stock. Empowered Funds LLC acquired a new stake in American Shared Hospital Services during the 1st quarter worth about $31,000. Dimensional Fund Advisors LP boosted its holdings in shares of American Shared Hospital Services by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 179,637 shares of the company’s stock worth $574,000 after buying an additional 8,436 shares during the period. Finally, Renaissance Technologies LLC increased its position in shares of American Shared Hospital Services by 31.2% in the second quarter. Renaissance Technologies LLC now owns 55,501 shares of the company’s stock worth $177,000 after acquiring an additional 13,201 shares in the last quarter. 23.16% of the stock is 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.