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

Posted by James Quigley on Jan 9th, 2025

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

American Shared Hospital Services Stock Performance

Shares of NYSEAMERICAN AMS opened at $3.17 on Wednesday. American Shared Hospital Services has a one year low of $2.51 and a one year high of $4.60. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $20.35 million, a price-to-earnings ratio of 5.28 and a beta of 0.66.

Hedge Funds Weigh In On American Shared Hospital Services

A hedge fund recently raised its stake in American Shared Hospital Services stock. Dimensional Fund Advisors LP boosted its holdings in shares of American Shared Hospital Services (NYSEAMERICAN:AMS – Free Report) by 4.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 179,637 shares of the company’s stock after purchasing an additional 8,436 shares during the quarter. Dimensional Fund Advisors LP owned about 2.84% of American Shared Hospital Services worth $574,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

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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.