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

Equities researchers at StockNews.com assumed coverage on shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in a report released on Friday. The firm set a “hold” rating on the stock.

American Shared Hospital Services Stock Up 3.9 %

AMS stock opened at $3.19 on Friday. The firm has a market capitalization of $20.48 million, a PE ratio of 5.32 and a beta of 0.66. American Shared Hospital Services has a 12 month low of $2.33 and a 12 month high of $4.60. The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.34.

Institutional Inflows and Outflows

An institutional investor recently raised its position in American Shared Hospital Services stock. Renaissance Technologies LLC grew its position in American Shared Hospital Services (NYSEAMERICAN:AMS) by 31.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 55,501 shares of the company’s stock after acquiring an additional 13,201 shares during the period. Renaissance Technologies LLC owned about 0.88% of American Shared Hospital Services worth $177,000 at the end of the most recent quarter. Hedge funds and other 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.