American Shared Hospital Services (NYSEAMERICAN:AMS) posted its quarterly earnings results on Tuesday. The company reported $0.01 earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $5.20 million during the quarter.
Shares of AMS stock traded down $0.20 during mid-day trading on Wednesday, hitting $2.71. The company’s stock had a trading volume of 9,524 shares, compared to its average volume of 8,625. American Shared Hospital Services has a 52-week low of $2.19 and a 52-week high of $3.95.
An institutional investor recently bought a new position in American Shared Hospital Services stock. Balasa Dinverno & Foltz LLC purchased a new position in American Shared Hospital Services (NYSEAMERICAN:AMS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 160,559 shares of the company’s stock, valued at approximately $461,000. Balasa Dinverno & Foltz LLC owned about 2.81% of American Shared Hospital Services at the end of the most recent reporting period.
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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