Allied Healthcare Merchandise (NASDAQ:AHPI) Protection Initiated at

Allied Healthcare Merchandise (NASDAQ:AHPI) Protection Initiated at

Analysis analysts at 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

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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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