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

American Shared Hospital Services (NYSEAMERICAN:AMS – Get Free Report) Chairman Raymond Stachowiak purchased 586,468 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were acquired 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 directly owned 586,468 shares in the company, valued at $1,337,147.04. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

American Shared Hospital Services Stock Up 1.3%

Shares of NYSEAMERICAN AMS opened at $1.61 on Friday. The company has a market cap of $10.66 million, a P/E ratio of -7.32 and a beta of 0.33. American Shared Hospital Services has a 52 week low of $1.25 and a 52 week high of $3.11. The business has a 50-day simple moving average of $1.48 and a two-hundred day simple moving average of $1.82.

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American Shared Hospital Services (NYSEAMERICAN:AMS – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.01) by ($0.08). The firm had revenue of $7.08 million during the quarter, compared to the consensus estimate 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%. Equities research analysts anticipate that American Shared Hospital Services will post -0.05 EPS for the current 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 position in American Shared Hospital Services (NYSEAMERICAN:AMS – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 50,481 shares of the company’s stock, valued at approximately $107,000. DRW Securities LLC owned about 0.77% of American Shared Hospital Services as of its most recent filing with the SEC. 23.16% of the stock is currently owned by institutional investors.

About American Shared Hospital Services

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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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