Allied HealthCare Falls 5.5% (AHCI)

Shares of Allied HealthCare International Inc. AHCI are currently down 5.5% at $2.74 per share during Tuesday morning trading. Today's trading range for shares of Allied HealthCare International Inc has been between $2.73 and $2.99 per share. The consensus price target of analysts covering the company's stock is $3.25 per share. Volume of 144,000 shares is already above the daily average volume of 122,000 shares. Allied HealthCare International Inc. (AHCI) released financial results early Tuesday morning that were in line with Wall Street earnings estimates. Allied HealthCare International Inc reported 4th quarter income from continuing operations of 6 cents per share, on revenue that climbed 6.5% to $74.4 million. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 6 cents per share, on revenue of $69.8 million. Chairman Dr. Jeffrey Peris said, "The Board remains confident in the opportunities for growth through management actions on innovative initiatives. Based on our identified strategies for growth being successfully implemented, our financial track record over the last few years, our focus and results in improving operating efficiencies, and the recruitment and retention of talented people -- we continue to strive to enhance shareholder value." Read more from Benzinga's Company news.