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

Advanced Medical Solutions Group (LON:AMS) posted its quarterly earnings data on Wednesday. The company reported GBX 6.39 earnings per share 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 Stock Performance

AMS opened at GBX 281.56 on Wednesday. The business has a fifty day simple moving average of GBX 280.60 and a 200-day simple moving average of GBX 244.33. The firm has a market cap of £612.69 million, a PE ratio of 62.29, a P/E/G ratio of 5.00 and a beta of 0.70. The company has a quick ratio of 4.58, a current ratio of 2.79 and a debt-to-equity ratio of 31.50. Advanced Medical Solutions Group has a fifty-two week low of GBX 187 and a fifty-two week high of GBX 284.50.

Analysts Set New Price Targets

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