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

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

American Shared Hospital Services Price Performance

AMS opened at $3.45 on Friday. American Shared Hospital Services has a fifty-two week low of $2.33 and a fifty-two week high of $4.60. The stock has a market cap of $22.15 million, a P/E ratio of 5.75 and a beta of 0.66. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.46 and a current ratio of 1.46.

Institutional Trading of American Shared Hospital Services

A hedge fund recently raised its stake in American Shared Hospital Services stock. Renaissance Technologies LLC grew its holdings in American Shared Hospital Services (NYSEAMERICAN:AMS) by 31.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. 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 approximately 0.88% of American Shared Hospital Services worth $177,000 at the end of the most recent quarter. 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.