StockNews.com assumed coverage on shares of Allied Healthcare Products (NASDAQ:AHPI – Get Rating) in a research note issued to investors on Friday morning. The brokerage issued a sell rating on the medical equipment provider’s stock.
Allied Healthcare Products Stock Up 15.5 %
AHPI opened at $2.54 on Friday. The stock’s 50 day moving average price is $1.88 and its two-hundred day moving average price is $2.53. Allied Healthcare Products has a 12-month low of $1.55 and a 12-month high of $16.41.
Allied Healthcare Products (NASDAQ:AHPI – Get Rating) last released its earnings results on Monday, May 16th. The medical equipment provider reported ($0.32) earnings per share (EPS) for the quarter. The business had revenue of $6.87 million during the quarter. Allied Healthcare Products had a negative net margin of 6.68% and a negative return on equity of 20.93%.
Institutional Trading of Allied Healthcare Products
Allied Healthcare Products Company Profile
Allied Healthcare Products, Inc manufactures and markets respiratory products for use in the health care industry in a range of hospitals and alternate site settings worldwide. The company offers respiratory care/anesthesia products, including air compressors, calibration equipment, humidifiers, croup tents, and equipment dryers, as well as respiratory disposable products, such as oxygen tubing products, facemasks, cannulas, and ventilator circuits; and home respiratory care products comprising aluminum oxygen cylinders, oxygen regulators, pneumatic nebulizers, portable suction equipment, and a line of respiratory disposable products.
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