Advanced Medical Solutions Group (LON:AMS) Posts Earnings Results

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

Advanced Medical Solutions Group Price Performance

LON AMS traded up GBX 0.50 during trading hours on Wednesday, reaching GBX 281.50. 5,650,794 shares of the company’s stock were exchanged, compared to its average volume of 3,282,889. The stock has a market cap of £612.56 million, a PE ratio of 62.28, a price-to-earnings-growth ratio of 5.00 and a beta of 0.70. Advanced Medical Solutions Group has a one year low of GBX 187 and a one year high of GBX 284.50. The firm has a fifty day moving average of GBX 280.60 and a 200-day moving average of GBX 244.33. The company has a current ratio of 2.79, a quick ratio of 4.58 and a debt-to-equity ratio of 31.50.

Wall Street Analyst Weigh In

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

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.