A St. Louis public company has entered into a loan agreement for $2.375 million through the Small Business Administration under the Coronavirus Aid, Relief and Economic Security Act. Allied Healthcare Products (Nasdaq: AHPI), based on The Hill, received the …
Italy is home to the largest number of luxury brands in the world, while China is the industry’s biggest consumer – making up a third of global spend on luxury goods in 2018. Together, these two countries were among the first to enter lockdown earlier this ye…
Statistically speaking, long term investing is a profitable endeavour. But that doesn't mean long term investors can...
Shares of Allied Healthcare Products Inc. soared 74% in premarket trading Friday, to extend the four-fold rocket ride up (up 322%) in the previous session while the broader stock market plunged amid growing fears over the impact of the coronavirus outbreak. The company makes respiratory therapy equipment, home healthcare products, emergency medical supplies and medical gas construction equipment. The stock has vaulted 7.4-fold higher over the past six sessions, while the S&P 500 has tumbled 12.0% over the same time. The St. Louis-based company did not immediately respond to a request for comment. The latest news released by the company was the 10-Q filing with the Securities and Exchange Commission, in which the company reported a fourth-quarter net loss that widened to $1.5 million, or 38 cents a share, from about $779,000, or 19 cents a share, in the year ago period, as sales fell 9.8% to $7.3 million. The company said then that it has historically experienced, and continues to experience net losses, and expects to incur significant environmental costs. The company said it believes it has enough cash and borrowing capacity to meet its obligations as they come due for at least 12 months.
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Allied Healthcare...
Earl Refsland has been the CEO of Allied Healthcare Products, Inc. (NASDAQ:AHPI) since 1999. This report will, first...
Fight back against coronavirus-driven losses this month with these ventilator stocks. Let's explore several trading possibilities.
Earl Refsland became the CEO of Allied Healthcare Products, Inc. (NASDAQ:AHPI) in 1999. First, this article will...
Benzinga Pro's Stocks To Watch For Wednesday * Nordstrom (JWN) \- Shares were down about 7% following a Q4 earnings and sales miss. FY20 guidance was toward the lower end of the analyst consensus estimate range. * Vir Biotech (VIR) \- Reported an expanded collaboration with Alnylam Pharma (ALNY) to advance RNAi therapeutics for the treatment of coronavirus infection. The stock was up 15%; Alnylam shares were quiet pre market. * Chipotle Mexican Grill (CMG) \- Wells Fargo upgraded the stock to Overweight and set a $1,000 price target on shares, a level which represented about 32% upside from where shares traded Wednesday morning. Chipotle announced late Tuesday it will report quarterly results on April 21, 2020. * Allied Healthcare Products (AHPI) \- Traders took profit Wednesday morning following an 80% rally in the stock over just the last five trading sessions. As the company manufactures emergency medical supplies and respiratory devices, traders have been using the stock as a play on continued concerns about the coronavirus outbreak. Shares were down 22% ahead of the opening bell. * GenMark Diagnostics (GNMK) \- The stock rallied 22% on Tuesday following a press release from the company which disclosed initial shipments of ePlex research-use only test kits designed for coronavirus. The release did not disclose any figures related to the number of devices shipped. Shares continued higher Wednesday morning, up about 8%. See more from Benzinga * Benzinga Pro's Top 5 Stocks To Watch For Thurs., Jan. 23, 2020: CODX, LUV, INTC, PAYC, EPZM(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
CORAL GABLES, FL / ACCESSWIRE / February 26, 2020 / The top website for all things penny stocks, PennyStocks.com just released a new, exclusive & informative article titled: Will These Penny Stocks Make ...
Private hospitals say the order in its current form will result in losses and would also affect the salaries of healthcare workers.The reduction in prices for private healthcare providers comes at a time when they are dealing with lower hospital occupancy rat…
Allied Healthcare Products Inc. said it believes the appointment of a new board member puts it back in compliance with a Nasdaq Stock Market listing rule regarding the makeup of its audit committee.