American Shared Hospital Services (NYSEAMERICAN:AMS) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

American Shared Hospital Services (NYSEAMERICAN:AMS)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $2.77. American Shared Hospital Services shares last traded at $2.75, with a volume of 9,420 shares changing hands.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of American Shared Hospital Services in a research note on Tuesday, January 14th. They issued a “hold” rating on the stock.

American Shared Hospital Services Trading Down 0.4 %

The company has a current ratio of 1.46, a quick ratio of 1.46 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $17.66 million, a P/E ratio of 4.58 and a beta of 0.66.

Institutional Investors Weigh In On American Shared Hospital Services

An institutional investor recently raised its position in American Shared Hospital Services stock. Renaissance Technologies LLC lifted its stake in American Shared Hospital Services (NYSEAMERICAN:AMS) by 5.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 71,225 shares of the company’s stock after buying an additional 3,776 shares during the period. Renaissance Technologies LLC owned about 1.11% of American Shared Hospital Services worth $227,000 at the end of the most recent reporting period. 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.