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 released on Thursday morning. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Price Performance

Shares of American Shared Hospital Services stock opened at $3.17 on Thursday. 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 capitalization of $20.07 million, a P/E ratio of 35.23 and a beta of 0.68. American Shared Hospital Services has a fifty-two week low of $2.16 and a fifty-two week high of $3.23.

American Shared Hospital Services (NYSEAMERICAN:AMS) last issued its quarterly earnings results on Wednesday, March 27th. The company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $5.70 million during the quarter, compared to analyst estimates of $5.19 million. American Shared Hospital Services had a net margin of 2.86% and a return on equity of 4.58%. On average, analysts expect that American Shared Hospital Services will post 0.32 EPS for the current year.

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.