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

StockNews.com began coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a report issued on Thursday morning. The firm issued a hold rating on the stock.

American Shared Hospital Services Price Performance

AMS opened at $3.13 on Thursday. American Shared Hospital Services has a 12-month low of $2.42 and a 12-month high of $4.60. The stock has a market cap of $20.09 million, a P/E ratio of 5.22 and a beta of 0.66. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.34.

Hedge Funds Weigh In On American Shared Hospital Services

A hedge fund recently raised its stake in American Shared Hospital Services stock. Dimensional Fund Advisors LP boosted its position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 4.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 179,637 shares of the company’s stock after acquiring an additional 8,436 shares during the period. Dimensional Fund Advisors LP owned about 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.