American Shared Hospital Services (NYSEAMERICAN:AMS) Shares Cross Above 200-Day Moving Average – Should You Sell?

American Shared Hospital Services (NYSEAMERICAN:AMS)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $3.17. American Shared Hospital Services shares last traded at $3.10, with a volume of 1,037 shares changing hands.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on American Shared Hospital Services in a research note on Tuesday, January 14th. They set a “hold” rating on the stock.

American Shared Hospital Services Price Performance

The firm has a market cap of $19.77 million, a PE ratio of 5.13 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.

Institutional Investors 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 position in 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 purchasing an additional 8,436 shares during the quarter. Dimensional Fund Advisors LP owned 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 hedge funds and other 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.