AMS Stock Summary and Trading Ideas (American Shared Hospital Services | AMEX:AMS)

American Shared Hospital Services provides stereotactic radiosurgery equipment, Advanced radiation therapy and related equipment. It currently provides Gamma Knife units to medical centers and stand-alone facilities. The company, along with its subsidiaries, operates through the following operations: Gamma Knife, Advanced Radiation Therapy Equipment and Services, and Proton Beam Radiation Therapy Operations. It generates most of its revenue from the domestic market.

American Shared Hospital Services trades on the AMEX stock market under the symbol AMS.

As of January 14, 2025, AMS stock price declined to $3.05 with 2,987 million shares trading.

AMS has a beta of 0.70, meaning it tends to be less sensitive to market movements. AMS has a correlation of 0.08 to the broad based SPY ETF.

AMS has a market cap of $19.58 million. This is considered a Sub-Micro Cap stock.

Last quarter American Shared Hospital Services reported $7 million in Revenue and -$.03 earnings per share. This fell short of revenue expectation by $-531,000 and missed earnings estimates by -$.11.

In the last 3 years, AMS traded as high as $4.60 and as low as $2.11.

The top ETF exchange traded funds that AMS belongs to (by Net Assets): VTI, VXF, BSVO, DFAT, DFSV.

AMS has underperformed the market in the last year with a price return of +13.0% while the SPY ETF gained +23.6%. AMS has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -4.2% and -2.2%, respectively, while the SPY returned +0.8% and -1.0%, respectively.

AMS support price is $2.93 and resistance is $3.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AMS shares will trade within this expected range on the day.