American Shared Hospital Services (NYSEAMERICAN:AMS) Now Covered by StockNews.com

StockNews.com began coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research report sent to investors on Saturday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Stock Performance

AMS opened at $3.21 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.92 and a quick ratio of 1.92. American Shared Hospital Services has a 52 week low of $2.17 and a 52 week high of $4.60. The company has a market capitalization of $20.42 million, a PE ratio of 4.94 and a beta of 0.67.

American Shared Hospital Services (NYSEAMERICAN:AMS) last announced its quarterly earnings data on Wednesday, August 14th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.07 by $0.06. The business had revenue of $7.06 million during the quarter, compared to analyst estimates of $6.15 million. American Shared Hospital Services had a return on equity of 5.39% and a net margin of 18.41%. As a group, analysts expect that American Shared Hospital Services will post 0.73 EPS for the current year.

Institutional Investors Weigh In On American Shared Hospital Services

Several hedge funds have recently added to or reduced their stakes in the stock. Renaissance Technologies LLC boosted its stake in American Shared Hospital Services by 31.2% during the 2nd quarter. Renaissance Technologies LLC now owns 55,501 shares of the company’s stock valued at $177,000 after purchasing an additional 13,201 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of American Shared Hospital Services by 4.9% during the second quarter. Dimensional Fund Advisors LP now owns 179,637 shares of the company’s stock valued at $574,000 after purchasing an additional 8,436 shares in the last quarter. Finally, Empowered Funds LLC purchased a new stake in shares of American Shared Hospital Services during the first quarter valued at $31,000. 23.16% of the stock is owned by institutional investors.

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.