American Shared Hospital Services (NYSEAMERICAN:AMS) Chairman Raymond Stachowiak Purchases 586,468 Shares

American Shared Hospital Services (NYSEAMERICAN:AMSGet Free Report) Chairman Raymond Stachowiak bought 586,468 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were bought at an average cost of $2.28 per share, for a total transaction of $1,337,147.04. Following the completion of the acquisition, the chairman owned 586,468 shares of the company’s stock, valued at $1,337,147.04. This trade represents a ? increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

American Shared Hospital Services Trading Down 4.1%

Shares of AMS stock opened at $1.41 on Thursday. American Shared Hospital Services has a twelve month low of $1.25 and a twelve month high of $3.11. The stock has a market cap of $9.33 million, a P/E ratio of -6.41 and a beta of 0.33. The stock has a 50 day moving average of $1.47 and a 200 day moving average of $1.83.

American Shared Hospital Services (NYSEAMERICAN:AMSGet Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.08). The company had revenue of $7.08 million during the quarter, compared to analysts’ expectations of $6.87 million. American Shared Hospital Services had a negative return on equity of 5.51% and a negative net margin of 5.30%. On average, research analysts predict that American Shared Hospital Services will post -0.05 earnings per share for the current fiscal year.

Institutional Trading of American Shared Hospital Services

An institutional investor recently bought a new stake in American Shared Hospital Services stock. DRW Securities LLC acquired a new stake in American Shared Hospital Services (NYSEAMERICAN:AMSFree Report) in the fourth quarter, according to the company in its most recent disclosure 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 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 23.16% of the company’s stock.

American Shared Hospital Services Company Profile

(Get Free Report)

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.

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