Insider Traded: American Shared Hospital Services (AMS) Chairman Sold 10,000 Shares of Shares

Insider Traded: American Shared Hospital Services (AMS) Chairman Sold 10,000 Shares of Shares

American Shared Hospital Services (NYSEMKT:AMS) Chairman Ernest A. Bates sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 30th. The stock was sold at an average price of $4.23, for a total transaction of $42,300.00. Following the completion of the transaction, the chairman now owns 650,147 shares in the company, valued at approximately $2,750,121.81. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of American Shared Hospital Services (NYSEMKT:AMS) traded up 2.976% on Friday, hitting $4.325. 39,338 shares of the stock traded hands. The firm has a market cap of $24.44 million, a PE ratio of 25.441 and a beta of 0.64. The firm has a 50 day moving average price of $4.09 and a 200 day moving average price of $3.51. American Shared Hospital Services has a 52-week low of $1.81 and a 52-week high of $4.65.

About American Shared Hospital Services

American Shared Hospital Services provides Gamma Knife stereotactic radiosurgery equipment and radiation therapy and related equipment to approximately 20 medical centers in approximately 20 states in the United States. The Company provides Gamma Knife services through its over 81% indirect interest in GK Financing, LLC (GKF).

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