Analysis analysts at StockNews.com began protection on shares of Allied Healthcare Merchandise (NASDAQ:AHPI – Get Score) in a observe issued to buyers on Sunday. The brokerage set a “promote” ranking on the medical gear supplier’s inventory.
Allied Healthcare Merchandise Buying and selling Down 4.7 %
NASDAQ:AHPI opened at $2.05 on Friday. Allied Healthcare Merchandise has a one yr low of $1.55 and a one yr excessive of $11.16. The corporate has a fifty day transferring common worth of $1.88 and a 200 day transferring common worth of $2.42.
Hedge Funds Weigh In On Allied Healthcare Merchandise
A hedge fund just lately raised its stake in Allied Healthcare Merchandise inventory. Renaissance Applied sciences LLC boosted its stake in shares of Allied Healthcare Merchandise, Inc. (NASDAQ:AHPI – Get Score) by 14.4% within the 1st quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities and Alternate Fee (SEC). The fund owned 62,700 shares of the medical gear supplier’s inventory after buying a further 7,900 shares throughout the quarter. Renaissance Applied sciences LLC owned 1.56% of Allied Healthcare Merchandise value $201,000 on the finish of the latest quarter.
About Allied Healthcare Merchandise
Allied Healthcare Merchandise, Inc manufactures and markets respiratory merchandise to be used within the well being care trade in a spread of hospitals and alternate web site settings worldwide. The corporate affords respiratory care/anesthesia merchandise, together with air compressors, calibration gear, humidifiers, croup tents, and gear dryers, in addition to respiratory disposable merchandise, similar to oxygen tubing merchandise, facemasks, cannulas, and ventilator circuits; and residential respiratory care merchandise comprising aluminum oxygen cylinders, oxygen regulators, pneumatic nebulizers, moveable suction gear, and a line of respiratory disposable merchandise.
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