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

Analysts at StockNews.com began coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research note issued to investors on Tuesday. The firm set a “hold” rating on the stock.

American Shared Hospital Services Price Performance

Shares of American Shared Hospital Services stock opened at $3.29 on Tuesday. American Shared Hospital Services has a 12 month low of $2.33 and a 12 month high of $4.60. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.34. The company has a market cap of $21.12 million, a price-to-earnings ratio of 5.48 and a beta of 0.66.

Institutional Investors Weigh In On American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Dimensional Fund Advisors LP increased its holdings in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 179,637 shares of the company’s stock after purchasing an additional 8,436 shares during the period. Dimensional Fund Advisors LP owned 2.84% of American Shared Hospital Services worth $574,000 as of its most recent filing with the Securities and Exchange Commission. 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.