American Shared Hospital Services (AMS) Files Form 4 Insider Buying : Ernest A Bates Buys 1,000 Shares

American Shared Hospital Services (AMS): Ernest A Bates , CEO of American Shared Hospital Services purchased 1,000 shares on Jun 6, 2016. The Insider buying transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.04 per share for a total value of $2,038.18 , the company said in a SEC Form 4 Filing.

Shares of American Shared Hospital Services (AMS) ended Tuesday, Jun 7, 2016 session in red amid volatile trading. The shares closed down -0.01 points or -0.49% at $2.02 with 1,974 shares getting traded. Post opening the session at $2.0436, the shares hit an intraday low of $2.02 and an intraday high of $2.05 and the price vacillated in this range throughout the day. The company has a market cap of $11 M and the number of outstanding shares has been calculated to be 53,64,000 shares. The 52-week high of American Shared Hospital Services is $2.86 and the 52-week low is $1.5.

American Shared Hospital Services Money Flow Index Chart

American Shared Hospital Services provides Gamma Knife stereotactic radiosurgery equipment and radiation therapy and related equipment to over 18 medical centers in approximately 17 states in the United States. The Company provides Gamma Knife services through its 81% indirect interest in GK Financing LLC. The Company provides the equipment as well as planning installation reimbursement and marketing support services. Gamma Knife stereotactic radiosurgery is a non-invasive procedure which is an alternative to conventional brain surgery or can be an adjunct to conventional brain surgery radiation therapy or chemotherapy. Its radiation therapy business consists of one Image Guided Radiation Therapy Operations (IGRT) system. IGRT technology integrates imaging and detection components into a linear accelerator allowing clinicians to plan treatment verify positioning and deliver treatment with a single device providing radiation therapy with less damage to healthy tissue.

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