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 April 23, 2024, AMS stock price declined to $2.99 with 15,824 million shares trading.

AMS has a market cap of $18.87 million. This is considered a Sub-Micro Cap stock.

Last quarter American Shared Hospital Services reported $6 million in Revenue and $.06 earnings per share. This beat revenue expectation by $508,000 and exceeded earnings estimates by $.04.

In the last 3 years, AMS stock traded as high as $5.04 and as low as $2.08.

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

AMS stock has underperformed the market in the last year with a return of +5.1%, while SPY returned +24.3%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in AMS shares. However, AMS has outperformed the market in the last 3 month and 2 week periods, returning +10.1% and +0.8%, while SPY returned +4.9% and -2.5%, respectively. This indicates AMS has been having a stronger performance recently.

AMS support price is $2.91 and resistance is $3.11 (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 stock will trade within this expected range on the day.