NEW YORK ( TheStreet) -- Allied Healthcare Products (Nasdaq: AHPI) has been upgraded by TheStreet Ratings from sell to hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, largely solid financial position with reasonable debt levels by most measures and good cash flow from operations. However, as a counter to these strengths, we find that the company's profit margins have been poor overall. Allied Healthcare Products, Inc. engages in the manufacture, marketing, and distribution of respiratory products. The company provides respiratory care products, medical gas equipment, and emergency medical products. The company has a P/E ratio of 239, equal to the average health services industry P/E ratio and above the S&P 500 P/E ratio of 23.4. Allied Healthcare has a market cap of $38.8 million and is part of the health care sector and health services industry. Shares are up 24.2% year to date as of the close of trading on Tuesday. You can view the full Allied Healthcare Ratings Report or get investment ideas from our investment research center.