StockNews.com assumed coverage on shares of Allied Healthcare Products (NASDAQ:AHPI – Free Report) in a report published on Friday. The firm issued a sell rating on the medical equipment provider’s stock.
Allied Healthcare Products Stock Performance
The company has a 50 day simple moving average of $0.01. The company has a market capitalization of $16,000.00, a P/E ratio of 0.00 and a beta of -2.39. Allied Healthcare Products has a 1 year low of $0.00 and a 1 year high of $3.46.
Institutional Trading of Allied Healthcare Products
An institutional investor recently raised its position in Allied Healthcare Products stock. Renaissance Technologies LLC raised its stake in Allied Healthcare Products, Inc. (NASDAQ:AHPI – Free Report) by 14.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 62,700 shares of the medical equipment provider’s stock after acquiring an additional 7,900 shares during the period. Renaissance Technologies LLC owned about 1.56% of Allied Healthcare Products worth $201,000 as of its most recent SEC filing. 4.15% of the stock is currently owned by hedge funds and other institutional investors.
About Allied Healthcare Products
Allied Healthcare Products, Inc engages in manufacturing respiratory products used in the health care industry in hospitals and alternate site settings, including sub-acute care facilities, home health care and emergency medical care. Its product line includes respiratory care products, medical gas equipment, and emergency medical products.
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