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 published on Sunday. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Stock Down 3.1 %

Shares of AMS stock opened at $3.39 on Friday. American Shared Hospital Services has a 52 week low of $2.33 and a 52 week high of $4.60. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.46 and a quick ratio of 1.46. The company has a market cap of $21.76 million, a PE ratio of 5.73 and a beta of 0.66.

Institutional Investors Weigh In On American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Renaissance Technologies LLC lifted its stake in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 31.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 55,501 shares of the company’s stock after purchasing an additional 13,201 shares during the quarter. Renaissance Technologies LLC owned 0.88% of American Shared Hospital Services worth $177,000 as of its most recent SEC filing. Institutional investors and hedge funds own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

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.