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

Equities research analysts at StockNews.com assumed coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a report issued on Tuesday. The firm set a “hold” rating on the stock.

American Shared Hospital Services Price Performance

Shares of AMS stock traded up $0.07 on Tuesday, hitting $2.85. 3,412 shares of the company’s stock were exchanged, compared to its average volume of 43,463. The company has a market cap of $18.30 million, a P/E ratio of 4.75 and a beta of 0.66. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.34. American Shared Hospital Services has a 12 month low of $2.64 and a 12 month high of $4.60.

Hedge Funds Weigh In On American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Renaissance Technologies LLC raised its stake in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 5.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 71,225 shares of the company’s stock after purchasing an additional 3,776 shares during the period. Renaissance Technologies LLC owned 1.11% of American Shared Hospital Services worth $227,000 at the end of the most recent quarter. Institutional investors 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.