Advanced Medical Solutions Group (LON:AMS) Reaches New 52-Week High – Should You Buy?

Advanced Medical Solutions Group plc (LON:AMS) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 284.50 and last traded at GBX 281, with a volume of 6424088 shares. The stock had previously closed at GBX 281.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 260 price objective on shares of Advanced Medical Solutions Group in a research note on Thursday, April 9th. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 300 target price on shares of Advanced Medical Solutions Group in a research note on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 275 price target on shares of Advanced Medical Solutions Group in a report on Friday, June 26th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of GBX 270.25.

Advanced Medical Solutions Group Price Performance

The company has a 50-day moving average of GBX 244.34 and a two-hundred day moving average of GBX 226.08. The company has a debt-to-equity ratio of 31.50, a current ratio of 2.79 and a quick ratio of 4.58. The stock has a market capitalization of £610.31 million, a PE ratio of 62.11, a P/E/G ratio of 5.00 and a beta of 0.70.

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.