Stock analysts at StockNews.com initiated coverage on shares of Allied Healthcare Products (NASDAQ:AHPI – Get Rating) in a report issued on Friday. The firm set a “sell” rating on the medical equipment provider’s stock.
Allied Healthcare Products Price Performance
Shares of AHPI stock opened at $0.00 on Friday. The company has a debt-to-equity ratio of 1.52, a quick ratio of 1.27 and a current ratio of 2.69. The company’s 50-day simple moving average is $0.37 and its two-hundred day simple moving average is $0.96. Allied Healthcare Products has a one year low of $0.00 and a one year high of $3.67.
Hedge Funds Weigh In On Allied Healthcare Products
A hedge fund recently bought a new stake in Allied Healthcare Products stock. Millennium Management LLC acquired a new stake in shares of Allied Healthcare Products, Inc. (NASDAQ:AHPI – Get Rating) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 15,578 shares of the medical equipment provider’s stock, valued at approximately $25,000. Millennium Management LLC owned approximately 0.39% of Allied Healthcare Products as of its most recent filing with the Securities & Exchange Commission. 4.15% of the stock is owned by 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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