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

Advanced Medical Solutions Group (LON:AMS) issued 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 return on equity of 3.87% and a net margin of 4.35%.

Advanced Medical Solutions Group Price Performance

AMS opened at GBX 281.56 on Wednesday. The business has a fifty day moving average of GBX 280.60 and a 200 day moving average of GBX 244.33. The stock has a market cap of £612.69 million, a P/E ratio of 62.29, a PEG 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 52-week low of GBX 187 and a 52-week high of GBX 284.50.

Wall Street Analysts Forecast Growth

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