American Shared Hospital Services (NYSEAMERICAN:AMS) Chairman Acquires $1,337,147.04 in Stock

American Shared Hospital Services (NYSEAMERICAN:AMS) Chairman Raymond Stachowiak acquired 586,468 shares of the stock in a transaction dated Monday, June 22nd. The stock was bought at an average price of $2.28 per share, for a total transaction of $1,337,147.04. Following the completion of the purchase, the chairman owned 586,468 shares in the company, valued at approximately $1,337,147.04. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is accessible through this link.

American Shared Hospital Services Price Performance

Shares of AMS traded down $0.06 during mid-day trading on Wednesday, reaching $1.41. The company had a trading volume of 1,559,459 shares, compared to its average volume of 117,755. The company has a market capitalization of $9.33 million, a P/E ratio of -6.41 and a beta of 0.33. American Shared Hospital Services has a twelve month low of $1.25 and a twelve month high of $3.11. The company’s 50-day moving average is $1.47 and its 200-day moving average is $1.83.

American Shared Hospital Services (NYSEAMERICAN:AMS) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.08). American Shared Hospital Services had a negative net margin of 5.30% and a negative return on equity of 5.51%. The company had revenue of $7.08 million during the quarter, compared to analyst estimates of $6.87 million. As a group, equities analysts expect that American Shared Hospital Services will post -0.05 EPS for the current fiscal year.

Institutional Investors Weigh In On American Shared Hospital Services

A hedge fund recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC bought a new position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned approximately 0.77% of American Shared Hospital Services as of its most recent SEC filing. Institutional investors and hedge funds own 23.16% of the company’s stock.

About American Shared Hospital Services

American Shared Hospital Services operates as a specialized healthcare services company focused on delivering diagnostic imaging solutions to community and rural hospitals across the United States. Through strategic joint ventures and management agreements, the company collaborates with hospital partners to develop and operate outpatient imaging centers that provide advanced modalities while sharing the capital and operating costs. By partnering directly with hospitals, American Shared Hospital Services enables facility owners to offer in-house diagnostic capabilities without the burden of full operational oversight and significant equipment investment.

The company’s service portfolio encompasses a wide range of imaging technologies, including magnetic resonance imaging (MRI), computed tomography (CT), positron emission tomography/computed tomography (PET/CT), mammography, ultrasound, bone densitometry (DEXA) and nuclear medicine.