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

StockNews.com initiated coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a research note published on Thursday. The firm issued a hold rating on the stock.

American Shared Hospital Services Price Performance

AMS opened at $3.14 on Thursday. American Shared Hospital Services has a 12 month low of $2.33 and a 12 month high of $4.60. The company has a quick ratio of 1.46, a current ratio of 1.46 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $20.16 million, a PE ratio of 5.23 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. 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 disclosure with the Securities & Exchange Commission. The fund owned 55,501 shares of the company’s stock after acquiring an additional 13,201 shares during the period. Renaissance Technologies LLC owned 0.88% of American Shared Hospital Services worth $177,000 as of its most recent SEC filing. 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.