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

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

American Shared Hospital Services Stock Performance

AMS opened at $3.14 on Thursday. The stock has a market cap of $20.16 million, a P/E ratio of 5.23 and a beta of 0.67. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.34. American Shared Hospital Services has a twelve month low of $2.33 and a twelve month high of $4.60.

Hedge Funds Weigh In On American Shared Hospital Services

A hedge fund recently raised its stake in American Shared Hospital Services stock. Renaissance Technologies LLC grew its holdings in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 31.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,501 shares of the company’s stock after purchasing an additional 13,201 shares during the period. Renaissance Technologies LLC owned about 0.88% of American Shared Hospital Services worth $177,000 as of its most recent SEC filing. 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.