American Shared Hospital Services (NYSEAMERICAN:AMS) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the stock.

American Shared Hospital Services Stock Up 3.2 %

AMS stock opened at $3.22 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. American Shared Hospital Services has a 1 year low of $2.16 and a 1 year high of $3.23. The firm has a market capitalization of $20.38 million, a P/E ratio of 35.78 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 the consensus estimate 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%. As a group, sell-side analysts forecast that American Shared Hospital Services will post 0.32 earnings per share for the current fiscal 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.