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 report published on Wednesday morning. The brokerage issued a hold rating on the stock.

American Shared Hospital Services Stock Down 0.9 %

NYSEAMERICAN:AMS opened at $3.22 on Wednesday. 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 quick ratio of 1.46 and a current ratio of 1.46. The stock has a market cap of $20.67 million, a P/E ratio of 5.37 and a beta of 0.67.

Institutional Trading of American Shared Hospital Services

A hedge fund recently raised its stake in American Shared Hospital Services stock. Dimensional Fund Advisors LP grew its position in American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 179,637 shares of the company’s stock after buying an additional 8,436 shares during the quarter. Dimensional Fund Advisors LP owned 2.84% of American Shared Hospital Services worth $574,000 as of its most recent SEC filing. 23.16% of the stock is currently 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.