StockNews.com Begins Coverage on American Shared Hospital Services (NYSEAMERICAN:AMS)

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

American Shared Hospital Services Price Performance

Shares of NYSEAMERICAN:AMS opened at $2.96 on Monday. The company has a market cap of $18.76 million, a P/E ratio of 37.00 and a beta of 0.70. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.49. American Shared Hospital Services has a 12 month low of $2.16 and a 12 month high of $3.69.

American Shared Hospital Services (NYSEAMERICAN:AMS) last posted its quarterly earnings data on Tuesday, May 14th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The firm had revenue of $5.22 million during the quarter, compared to the consensus estimate of $5.01 million. American Shared Hospital Services had a return on equity of 4.29% and a net margin of 2.50%. Research analysts forecast that American Shared Hospital Services will post 0.29 EPS for the current fiscal year.

Institutional Trading of American Shared Hospital Services

An institutional investor recently bought a new position in American Shared Hospital Services stock. Empowered Funds LLC bought a new position in American Shared Hospital Services (NYSEAMERICAN:AMS) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 10,468 shares of the company’s stock, valued at approximately $31,000. Empowered Funds LLC owned 0.17% of American Shared Hospital Services at the end of the most recent reporting period. 23.16% of the stock is 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.