American Shared Hospital Services (AMS) Director Raymond C. Stachowiak Acquires 160,559 Shares

American Shared Hospital Services (NYSEAMERICAN:AMS) Director Raymond C. Stachowiak purchased 160,559 shares of the business’s stock in a transaction on Wednesday, May 15th. The stock was purchased at an average cost of $2.73 per share, for a total transaction of $438,326.07. Following the completion of the acquisition, the director now directly owns 69,217 shares of the company’s stock, valued at approximately $188,962.41. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

NYSEAMERICAN AMS remained flat at $$2.88 on Friday. 1,126 shares of the company’s stock traded hands, compared to its average volume of 6,993. American Shared Hospital Services has a fifty-two week low of $2.19 and a fifty-two week high of $3.95.

American Shared Hospital Services (NYSEAMERICAN:AMS) last released its quarterly earnings results on Thursday, May 9th. The company reported $0.05 earnings per share (EPS) for the quarter. The firm had revenue of $5.32 million during the quarter.

A hedge fund recently raised its stake in American Shared Hospital Services stock. James Investment Research Inc. increased its stake in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) by 31.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,600 shares of the company’s stock after buying an additional 5,200 shares during the quarter. James Investment Research Inc. owned about 0.38% of American Shared Hospital Services worth $51,000 as of its most recent SEC filing.

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About American Shared Hospital Services

American Shared Hospital Services leases radiosurgery and radiation therapy equipment to health care providers in the United States. 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.

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