Advanced Medical Solutions Group (LON:AMS) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Advanced Medical Solutions Group plc (LON:AMS)’s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 230.36 and traded as high as GBX 240. Advanced Medical Solutions Group shares last traded at GBX 231.50, with a volume of 2,216,345 shares traded.

Analyst Ratings Changes

Several analysts have recently weighed in on AMS shares. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 260 target price on shares of Advanced Medical Solutions Group in a report on Thursday, April 9th. Berenberg Bank reissued a “buy” rating and set a GBX 300 price target on shares of Advanced Medical Solutions Group in a report on Tuesday, May 19th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 270.25.

Advanced Medical Solutions Group Stock Down 2.0%

The company has a debt-to-equity ratio of 31.50, a quick ratio of 4.58 and a current ratio of 2.79. The firm has a market capitalization of £521.35 million, a price-to-earnings ratio of 53.10, a PEG ratio of 5.00 and a beta of 0.71. The firm has a fifty day moving average price of GBX 231.69 and a 200 day moving average price of GBX 217.86.

About Advanced Medical Solutions Group

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.