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

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

American Shared Hospital Services Price Performance

AMS opened at $2.85 on Tuesday. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.34. American Shared Hospital Services has a 12 month low of $2.64 and a 12 month high of $4.60. The company has a market capitalization of $18.30 million, a PE ratio of 4.75 and a beta of 0.66.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in American Shared Hospital Services stock. Renaissance Technologies LLC lifted its holdings in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 5.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 71,225 shares of the company’s stock after purchasing an additional 3,776 shares during the quarter. Renaissance Technologies LLC owned about 1.11% of American Shared Hospital Services worth $227,000 as of its most recent SEC filing. 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.