Advanced Medical Solutions Group (LON:AMS) Announces Quarterly Earnings Results

Advanced Medical Solutions Group (LON:AMS) issued its quarterly earnings results on Wednesday. The company reported GBX 6.39 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Advanced Medical Solutions Group had a return on equity of 3.87% and a net margin of 4.35%.

Advanced Medical Solutions Group Trading Up 0.4%

Shares of AMS stock traded up GBX 1 on Wednesday, reaching GBX 282. 14,024,008 shares of the company’s stock were exchanged, compared to its average volume of 3,329,666. The company’s fifty day simple moving average is GBX 280.60 and its 200 day simple moving average is GBX 244.33. The stock has a market capitalization of £613.65 million, a PE ratio of 62.39, a P/E/G ratio of 5.00 and a beta of 0.70. The company has a current ratio of 2.79, a quick ratio of 4.58 and a debt-to-equity ratio of 31.50. Advanced Medical Solutions Group has a 52 week low of GBX 187 and a 52 week high of GBX 284.50.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on AMS shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 275 price objective on shares of Advanced Medical Solutions Group in a research report on Friday, June 26th. Berenberg Bank reiterated a “buy” rating and issued a GBX 300 price target on shares of Advanced Medical Solutions Group in a report on Tuesday, May 19th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Advanced Medical Solutions Group currently has a consensus rating of “Moderate Buy” and an average price target of GBX 270.25.

Advanced Medical Solutions Group Company Profile

AMS is a world-leading independent developer and manufacturer of innovative tissue-healing technology, focused on quality outcomes for patients and value for payers. AMS has a wide range of surgical products including tissue adhesives, sutures, haemostats, internal fixation devices and internal sealants, which it markets under its brands LiquiBand®, RESORBA®, LiquiBandFix8®, and Seal-G®. AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal® brand as well as under white label.