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

StockNews.com initiated coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research note released on Tuesday. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Stock Down 1.0 %

Shares of AMS stock opened at $3.10 on Tuesday. The company has a market cap of $19.90 million, a price-to-earnings ratio of 5.17 and a beta of 0.67. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.46 and a current ratio of 1.46. American Shared Hospital Services has a fifty-two week low of $2.51 and a fifty-two week high of $4.60.

Institutional Trading of American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Renaissance Technologies LLC grew its position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 31.2% during the second quarter, according to 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 as of its most recent SEC filing. 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.