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  • American Shared Hospital Services (AMS) is “One to Watch” 0 comments
    Dec 3, 2010 5:32 PM | about stocks: AMS

    Leveraging a 25-year track record, American Shared Hospital Services (NYSEARCA:ASHS) provides turnkey technology solutions for advanced radiosurgical and radiation therapy services. The company is recognized as the world leader in providing Gamma Knife® radiosurgery equipment, a non-invasive treatment for malignant and benign brain tumors, vascular malformations and trigeminal neuralgia (facial pain).

    ASHS also leads in the field of proton beam radiation therapy (PBRT), the next great growth opportunity in radiation oncology. The company is currently developing PBRT centers in Dayton, Ohio (Kettering Medical Center), Boston (Tufts Medical Center), Orlando (Orlando Regional Healthcare) and Long Beach, California (Long Beach Memorial Medical Center), and is negotiating additional projects elsewhere.

    The company has a solid balance sheet with $63.8 million in total assets, $10.1 million of which consists of cash and equivalents, and $7.6 million in total liabilities, as of last report. With a solid foundation on which to build upon and strategic investments being made for long-term growth, ASHS is well positioned for continued success.

    Please see disclaimer on QualityStocks website: disclaimer.qualitystocks.net

    Disclosure: no positions

    Stocks: AMS
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