Equities research analysts at StockNews.com assumed coverage on shares of Allied Healthcare Products (NASDAQ:AHPI – Get Rating) in a research note issued to investors on Monday. The firm set a “sell” rating on the medical equipment provider’s stock.
Allied Healthcare Products Price Performance
NASDAQ:AHPI opened at $0.00 on Monday. The stock has a market capitalization of $16,040.00, a PE ratio of 0.00 and a beta of -2.39. The stock’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.78. Allied Healthcare Products has a 52 week low of $0.00 and a 52 week high of $3.46.
Hedge Funds Weigh In On Allied Healthcare Products
A hedge fund recently bought a new stake in Allied Healthcare Products stock. Millennium Management LLC purchased a new position in Allied Healthcare Products, Inc. (NASDAQ:AHPI – Get Rating) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 15,578 shares of the medical equipment provider’s stock, valued at approximately $25,000. Millennium Management LLC owned about 0.39% of Allied Healthcare Products as of its most recent SEC filing. 4.15% of the stock is currently owned by institutional investors and hedge funds.
Allied Healthcare Products Company Profile
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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