Raymond Stachowiak Acquires 586,468 Shares of American Shared Hospital Services (NYSEAMERICAN:AMS) Stock

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

American Shared Hospital Services Trading Up 12.8%

American Shared Hospital Services stock opened at $1.59 on Friday. The company has a market capitalization of $10.53 million, a price-to-earnings ratio of -7.23 and a beta of 0.33. American Shared Hospital Services has a 12 month low of $1.25 and a 12 month high of $3.11. The stock’s 50 day moving average is $1.48 and its 200-day moving average is $1.83.

American Shared Hospital Services (NYSEAMERICAN:AMS) 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). American Shared Hospital Services had a negative return on equity of 5.51% and a negative net margin of 5.30%.The firm had revenue of $7.08 million for the quarter, compared to analyst estimates of $6.87 million. As a group, equities research analysts predict that American Shared Hospital Services will post -0.05 earnings per share for the current fiscal year.

Hedge Funds Weigh In On American Shared Hospital Services

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