American Shared Hospital Services (NYSEAMERICAN:AMS) Coverage Initiated at StockNews.com

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

American Shared Hospital Services Price Performance

NYSEAMERICAN:AMS opened at $3.06 on Wednesday. The company has a quick ratio of 1.90, a current ratio of 1.90 and a debt-to-equity ratio of 0.42. American Shared Hospital Services has a fifty-two week low of $2.16 and a fifty-two week high of $3.25. The company has a market cap of $19.37 million, a PE ratio of 34.00 and a beta of 0.68.

American Shared Hospital Services (NYSEAMERICAN:AMS) last released its quarterly earnings data on Wednesday, March 27th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The firm had revenue of $5.70 million for the quarter, compared to analysts’ expectations of $5.19 million. American Shared Hospital Services had a net margin of 2.86% and a return on equity of 4.58%. As a group, research analysts forecast that American Shared Hospital Services will post 0.32 earnings per share for the current year.

About American Shared Hospital Services

American Shared Hospital Services provides radiosurgery and radiation therapy equipment to health care providers. 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.