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

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

American Shared Hospital Services Stock Performance

Shares of AMS opened at $2.87 on Friday. The stock has a market capitalization of $18.17 million, a P/E ratio of 31.89 and a beta of 0.67. American Shared Hospital Services has a one year low of $2.16 and a one year high of $3.00. 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 50-day simple moving average of $2.59.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Renaissance Technologies LLC lifted its holdings 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 purchasing an additional 4,021 shares during the last quarter. Citadel Advisors LLC lifted its holdings 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 purchasing an additional 5,391 shares during the last quarter. Vanguard Group Inc. lifted its holdings 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 purchasing an additional 16,475 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings 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 purchasing an additional 5,899 shares during the last quarter. Finally, CI Private Wealth LLC acquired a new stake in American Shared Hospital Services in the 4th quarter valued at approximately $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.