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

Research analysts at StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research report issued on Tuesday. The brokerage set a “hold” rating on the stock.

American Shared Hospital Services Stock Performance

American Shared Hospital Services stock opened at $3.06 on Tuesday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $19.65 million, a P/E ratio of 5.10 and a beta of 0.66. American Shared Hospital Services has a twelve month low of $2.51 and a twelve month high of $4.60.

Hedge Funds Weigh In On American Shared Hospital Services

A hedge fund recently raised its stake in American Shared Hospital Services stock. Dimensional Fund Advisors LP raised its holdings in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 179,637 shares of the company’s stock after acquiring an additional 8,436 shares during the quarter. Dimensional Fund Advisors LP owned approximately 2.84% of American Shared Hospital Services worth $574,000 as of its most recent SEC filing. 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.