American Shared Hospital Services (AMS) Files Form 4 Insider Buying : Ernest A Bates Buys 500 Shares

American Shared Hospital Services (AMS): Ernest A Bates , CEO of American Shared Hospital Services purchased 500 shares on Jun 8, 2016. The Insider buying transaction was reported by the company on Jun 10, 2016 to the Securities and Exchange Commission. The shares were purchased at $2.09 per share for a total value of $1,041.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 8, 2016, Ernest A Bates (CEO) purchased 1,000 shares at $2.04 per share price.

American Shared Hospital Services: On Thursday, Jun 9, 2016 heightened volatility was witnessed in American Shared Hospital Services which led to swings in the share price. The shares opened for trading at $2.055 and hit $2.22 on the upside , eventually ending the session at $2.14, with a gain of 5.94% or 0.12 points. The heightened volatility saw the trading volume jump to 8,481 shares. The 52-week high of the share price is $2.86 and the company has a market cap of $11 M . The 52-week low of the share price is at $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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