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

Posted by Casey Walker on Dec 4th, 2024

StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS – Free Report) in a research report report published on Tuesday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Stock Performance

NYSEAMERICAN AMS opened at $3.25 on Tuesday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.46 and a current ratio of 1.46. American Shared Hospital Services has a 1 year low of $2.33 and a 1 year high of $4.60. The stock has a market cap of $20.87 million, a price-to-earnings ratio of 5.42 and a beta of 0.66.

Institutional Trading of American Shared Hospital Services

A hedge fund recently raised its stake in American Shared Hospital Services stock. Renaissance Technologies LLC increased its stake in American Shared Hospital Services (NYSEAMERICAN:AMS – Free Report) by 31.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,501 shares of the company’s stock after purchasing an additional 13,201 shares during the period. Renaissance Technologies LLC owned 0.88% of American Shared Hospital Services worth $177,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 23.16% of the company’s stock.

About American Shared Hospital Services

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American Shared Hospital Services provides stereotactic radiosurgery and advanced radiation therapy equipment. It operates in two segments, Medical Equipment Leasing, and Retail. 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.