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

StockNews.com assumed coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research report report published on Friday morning. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Stock Up 2.7 %

AMS stock opened at $2.99 on Friday. American Shared Hospital Services has a twelve month low of $2.16 and a twelve month high of $3.02. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.90 and a quick ratio of 1.90. The company has a market cap of $18.93 million, a P/E ratio of 33.22 and a beta of 0.68.

Institutional Trading of American Shared Hospital Services

Institutional investors and hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC boosted its stake in shares of American Shared Hospital Services by 26.3% in the 3rd quarter. Renaissance Technologies LLC now owns 19,321 shares of the company’s stock worth $50,000 after buying an additional 4,021 shares during the last quarter. Citadel Advisors LLC boosted its stake in shares of American Shared Hospital Services by 28.9% in the 4th quarter. Citadel Advisors LLC now owns 24,072 shares of the company’s stock worth $57,000 after buying an additional 5,391 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of American Shared Hospital Services by 16.2% in the 4th quarter. Vanguard Group Inc. now owns 117,884 shares of the company’s stock worth $280,000 after buying an additional 16,475 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of American Shared Hospital Services by 3.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 158,681 shares of the company’s stock worth $465,000 after buying an additional 5,899 shares during the last quarter. Finally, CI Private Wealth LLC purchased a new position in shares of American Shared Hospital Services in the 4th quarter worth $470,000. Institutional investors own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

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.