American Shared Hospital Services (NYSEAMERICAN:AMS) Receives New Coverage from Analysts at StockNews.com

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

American Shared Hospital Services Price Performance

Shares of AMS stock opened at $3.12 on Thursday. American Shared Hospital Services has a 1 year low of $2.16 and a 1 year high of $3.15. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.42. The firm has a market cap of $19.75 million, a PE ratio of 16.78 and a beta of 0.68.

American Shared Hospital Services (NYSEAMERICAN:AMS) last released its earnings results on Wednesday, March 27th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The company had revenue of $5.70 million for the quarter, compared to analysts’ expectations of $5.19 million. American Shared Hospital Services had a net margin of 2.86% and a return on equity of 4.58%. Sell-side analysts forecast that American Shared Hospital Services will post 0.32 EPS for the current year.

American Shared Hospital Services Company Profile

American Shared Hospital Services provides radiosurgery and radiation therapy equipment to health care providers. 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.