American Shared Hospital Services (NYSEAMERICAN:AMS) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research report released on Monday morning. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Stock Down 1.1 %

Shares of AMS opened at $3.23 on Monday. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.49. The stock has a market cap of $20.46 million, a price-to-earnings ratio of 40.40 and a beta of 0.70. American Shared Hospital Services has a one year low of $2.16 and a one year high of $3.69.

American Shared Hospital Services (NYSEAMERICAN:AMS) last released its earnings results on Tuesday, May 14th. The company reported $0.02 EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). The firm had revenue of $5.22 million for the quarter, compared to analyst estimates of $5.01 million. American Shared Hospital Services had a return on equity of 4.29% and a net margin of 2.50%. On average, equities analysts expect that American Shared Hospital Services will post 0.29 earnings per share for the current year.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in American Shared Hospital Services stock. Empowered Funds LLC bought a new stake in American Shared Hospital Services (NYSEAMERICAN:AMS) in the 1st quarter, according to its most recent filing with the SEC. The fund bought 10,468 shares of the company’s stock, valued at approximately $31,000. Empowered Funds LLC owned 0.17% of American Shared Hospital Services at the end of the most recent reporting period. 23.16% of the stock is owned by hedge funds and other institutional investors.

About American Shared Hospital Services

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.