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 report released on Thursday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Price Performance

Shares of American Shared Hospital Services stock opened at $3.10 on Thursday. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.34. American Shared Hospital Services has a 12-month low of $2.44 and a 12-month high of $4.60. The firm has a market cap of $19.90 million, a price-to-earnings ratio of 5.17 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. Dimensional Fund Advisors LP increased its stake in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 179,637 shares of the company’s stock after purchasing an additional 8,436 shares during the period. Dimensional Fund Advisors LP owned approximately 2.84% of American Shared Hospital Services worth $574,000 as of its most recent filing with the Securities & Exchange Commission. 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.