Allied Healthcare Products (NASDAQ:AHPI) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Allied Healthcare Products (NASDAQ:AHPI) in a research report report published on Wednesday. The firm issued a sell rating on the medical equipment provider’s stock.

Allied Healthcare Products Price Performance

Allied Healthcare Products has a 52 week low of $0.00 and a 52 week high of $3.46. The firm has a market cap of $16,000.00, a PE ratio of 0.00 and a beta of -2.39. The stock has a fifty day moving average price of $0.01.

Hedge Funds Weigh In On Allied Healthcare Products

A hedge fund recently raised its stake in Allied Healthcare Products stock. Renaissance Technologies LLC increased its holdings in Allied Healthcare Products, Inc. (NASDAQ:AHPI) by 14.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 62,700 shares of the medical equipment provider’s stock after buying an additional 7,900 shares during the quarter. Renaissance Technologies LLC owned about 1.56% of Allied Healthcare Products worth $201,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 4.15% of the company’s stock.

Allied Healthcare Products Company Profile

Allied Healthcare Products, Inc engages in manufacturing respiratory products used in the health care industry in hospitals and alternate site settings, including sub-acute care facilities, home health care and emergency medical care. Its product line includes respiratory care products, medical gas equipment, and emergency medical products.