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

StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a report issued on Tuesday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Stock Up 0.3 %

NYSEAMERICAN:AMS opened at $3.12 on Tuesday. The stock has a market capitalization of $19.74 million, a price-to-earnings ratio of 38.99 and a beta of 0.70. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.98 and a current ratio of 1.98. American Shared Hospital Services has a twelve month low of $2.16 and a twelve month high of $3.69.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its quarterly earnings results on Tuesday, May 14th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). American Shared Hospital Services had a return on equity of 4.29% and a net margin of 2.50%. The company had revenue of $5.22 million during the quarter, compared to the consensus estimate of $5.01 million. On average, analysts expect that American Shared Hospital Services will post 0.29 EPS for the current year.

Institutional Trading of American Shared Hospital Services

A hedge fund recently bought a new stake in American Shared Hospital Services stock. Empowered Funds LLC bought a new position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 10,468 shares of the company’s stock, valued at approximately $31,000. Empowered Funds LLC owned 0.17% of American Shared Hospital Services as of its most recent filing with the Securities and Exchange Commission. 23.16% of the stock is currently owned by institutional investors.

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.