AHPI stock: buy or sell?
August 20th, 2019
Allied Healthcare Products, Inc. manufactures and markets respiratory products for use in the health care industry in a range of hospitals and alternate site settings worldwide.
Should I buy AHPI stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Allied Healthcare Products stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Allied Healthcare Products stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for AHPI stock for the last 30 days.
AHPI stock analysis
Allied Healthcare Products ended on August 20th at $1.53 and skyrocketed an astounding 4.79%.
Allied Healthcare Products shares skyrocketed 4.79% to $1.53 on August/20.
Allied Healthcare Products shares grew 0.66% this week, ending at $1.53. Early July AHPI boosted an exceptional 7.03% in just one week. Late July AHPI plummed a hair-raising -5.81% in just one week.
Allied Healthcare Products is in a clear downtrend, marking consecutive falling tops and bottoms. Now is trading in between the - range. There is an opportunity to rebound and reverse this situation if price can hold above the level. Since early July, when AHPI stock price broke down the 40-weeks moving avarage line, it slid $-0.35 per share (-18.62%). Trading stocks that are below the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
AHPI stock price history
AHPI IPO was on January 14th, 1992 at $16.80 per share1. Since then, AHPI stock declined a -90.90%, with a yearly average of -3.40%.
1: Adjusted price after possible price splits or reverse-splits.
AHPI stock historical price chart
AHPI stock reached 52-week highs at $3.48, and all-time highs 1995-11-08 with a price of 38.32.
AHPI stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price forecast for Allied Healthcare Products stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareSince April, when Allied Healthcare Products posted its last earnings report, it plummed a godawful -13.56%. Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Allied Healthcare Products annual turnover stayed constant a tiny 0.74% to $33.76 million USD from $33.51 marked in 2017. Aligned with this, its profit margin (compared to revenues) remained stable to -6.49%, that is $-2.19 million. Allied Healthcare Products fiscal year ends in June, and to compare its evolution since then, we estimate annual sales and income figures by adding results from the last 4 quarters. This is called TTM (or Twelve Trailing Months). So, Allied Healthcare Products TTM sales up to December 2018 were $32.52 and income $-3.06 million dollars. When comparing this TTM figures with the last reported annuality, we can esteem Allied Healthcare Products business evolution since June 2018: Annual sales up to December, compared to lastest yearly report, depreciated a lame -3.67%. In line, profit margin (net income/revenues) decreased at -6.49%.
|2013||$39 M||-||$-1.26 M-3.3%||-|
|2014||$36 M||-5.65%||$-2.81 M-7.7%||123.02%|
|2015||$35 M||-2.50%||$-1.78 M-5.0%||-36.75%|
|2016||$36 M||1.38%||$-2.30 M-6.4%||29.68%|
|2017||$34 M||-6.79%||$-2.09 M-6.2%||-9.38%|
|2018||$34 M||0.74%||$-2.19 M-6.5%||4.96%|
|TTM||$33 M||-3.67%||$-3.06 M-9.4%||39.51%|
Quarterly financial resultsAllied Healthcare Products posted $8.11 M in sales for 2018-Q4, a 11.53% up compared to previous quarter. Reported quarter income marked $-0.78 million with a profit margin of -9.61%. Profit margin escalated a 7.37% compared to previous quarter when profit margin was -16.98%. When comparing sales to same quarter last year, Allied Healthcare Products sales marked a tragic correction and dropped a -7.01%.
|2017-Q1||$9 M||-||$-0.40 M-4.7%||-|
|2017-Q2||$8 M||-4.20%||$-0.49 M-6.0%||22.60%|
|2017-Q3||$8 M||-3.93%||$-0.77 M-9.7%||55.19%|
|2017-Q4||$9 M||10.41%||$-0.38 M-4.4%||-50.38%|
|2018-Q1||$8 M||-2.89%||$-0.90 M-10.6%||136.68%|
|2018-Q2||$9 M||2.49%||$-0.14 M-1.7%||-84.11%|
|2018-Q3||$7 M||-16.23%||$-1.23 M-17.0%||762.11%|
|2018-Q4||$8 M||11.53%||$-0.78 M-9.6%||-36.87%|
Allied Healthcare Products ownershipWhen you are planning to buy a stock, it's worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Allied Healthcare Products, 62.88% of all outstanding shares are owned by its staff.
In case of Allied Healthcare Products stock, 11.25% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AHPI stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$6.1 M||$13.0 B||$10.7 M||$44.7 M||$71.5 B|
|Total shares||4.0 M||298.1 M||8.4 M||8.4 M||8,730.0 M|
|Float shares||3.4 M||296.8 M||3.2 M||6.8 M||8,720.0 M|
|- Institutional holdings (%)||11.2%||92.4%||13.2%||25.9%||58.6%|
|- Insider holdings (%)||62.9%||0.3%||41.4%||18.5%||0.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Tuesday, August 20th, 2019|
|Day range||$1.50 - $1.54|
|Average true range||$0.10|
|50d mov avg||$1.70|
|100d mov avg||$1.73|
|200d mov avg||$1.88|
Allied Healthcare Products performanceTo better understand Allied Healthcare Products performance you must becnhmark its gains with other related stocks in same sector or industry. In the following table, we compare Allied Healthcare Products performance to Cardinal Health, Dynatronics, Electromed, General Electric, Inogen, Masimo, ResMed, Teleflex and Thermo Fisher Scientific:
|TMOThermo Fisher Sci...||2.41%||10.49%||18.85%|