Whalerock Point Partners LLC Buys New Stake in American Shared Hospital Services (AMS)

Whalerock Point Partners LLC bought a new position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 160,059 shares of the company’s stock, valued at approximately $416,000. Whalerock Point Partners LLC owned approximately 2.80% of American Shared Hospital Services at the end of the most recent quarter.

Separately, ValuEngine cut shares of American Shared Hospital Services from a “hold” rating to a “sell” rating in a report on Saturday, September 30th.

American Shared Hospital Services (NYSEAMERICAN AMS) traded down $0.05 on Tuesday, reaching $2.70. 9,300 shares of the company traded hands, compared to its average volume of 16,189. The firm has a market capitalization of $15.42, a PE ratio of 16.88 and a beta of 0.57. American Shared Hospital Services has a 1 year low of $2.45 and a 1 year high of $5.00.

American Shared Hospital Services (NYSEAMERICAN:AMS) last posted its quarterly earnings results on Monday, November 13th. The company reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $4.61 million for the quarter. American Shared Hospital Services had a net margin of 5.96% and a return on equity of 1.79%.

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American Shared Hospital Services Profile

American Shared Hospital Services provides Gamma Knife stereotactic radiosurgery equipment and radiation therapy and related equipment to approximately 20 medical centers in approximately 20 states in the United States. The Company provides Gamma Knife services through its over 81% indirect interest in GK Financing, LLC (GKF).

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