American Shared Hospital Services (NYSEAMERICAN:AMS) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of American Shared Hospital Services (NYSEAMERICAN:AMS) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.29 and traded as high as $2.39. American Shared Hospital Services shares last traded at $2.27, with a volume of 8,491 shares changing hands.

American Shared Hospital Services Price Performance

The stock has a market capitalization of $14.72 million, a P/E ratio of -6.62 and a beta of 0.15. The stock has a fifty day moving average price of $2.13 and a 200 day moving average price of $2.29.

Institutional Trading of American Shared Hospital Services

A hedge fund recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC acquired a new position in shares of American Shared Hospital Services (NYSEAMERICAN:AMS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 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 at the end of the most recent quarter. Institutional investors and hedge funds own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

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.