Allied Healthcare Products (NASDAQ:AHPI) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Allied Healthcare Products (NASDAQ:AHPI) in a research report report published on Friday. The brokerage issued a sell rating on the medical equipment provider’s stock.

Allied Healthcare Products Stock Performance

The stock has a market capitalization of $16,000.00, a price-to-earnings ratio of 0.00 and a beta of -2.39. The stock has a fifty day moving average of $0.01. Allied Healthcare Products has a twelve month low of $0.00 and a twelve month high of $3.46.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Allied Healthcare Products stock. Millennium Management LLC bought a new stake in Allied Healthcare Products, Inc. (NASDAQ:AHPI) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 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 filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 4.15% of the company’s stock.

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.