American Shared Hospital Services (NYSEAMERICAN:AMS) Receives New Coverage from Analysts at StockNews.com

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

American Shared Hospital Services Stock Up 3.3 %

NYSEAMERICAN AMS opened at $3.12 on Thursday. The stock has a market cap of $19.75 million, a PE ratio of 16.78 and a beta of 0.68. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.42. American Shared Hospital Services has a one year low of $2.16 and a one year high of $3.15.

American Shared Hospital Services (NYSEAMERICAN:AMS) last announced its earnings results on Wednesday, March 27th. The company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. American Shared Hospital Services had a return on equity of 4.58% and a net margin of 2.86%. The business had revenue of $5.70 million for the quarter, compared to analyst estimates of $5.19 million. On average, equities research analysts forecast that American Shared Hospital Services will post 0.32 EPS for the current year.

American Shared Hospital Services Company Profile

American Shared Hospital Services provides radiosurgery and radiation therapy equipment to health care providers. 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.