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

Advanced Medical Solutions Group (LON:AMS) released its earnings results 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 1.58% and a return on equity of 1.44%.

Advanced Medical Solutions Group Price Performance

Shares of Advanced Medical Solutions Group stock traded up GBX 0.50 during trading on Friday, hitting GBX 282. The stock had a trading volume of 1,876,071 shares, compared to its average volume of 3,263,945. The business has a fifty day moving average of GBX 280.71 and a two-hundred day moving average of GBX 245.28. Advanced Medical Solutions Group has a fifty-two week low of GBX 187 and a fifty-two week high of GBX 284.50. The firm has a market cap of £613.65 million, a P/E ratio of 62.39, a PEG ratio of 5.00 and a beta of 0.70. The company has a debt-to-equity ratio of 33.60, a current ratio of 2.94 and a quick ratio of 4.58.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a GBX 275 price target on shares of Advanced Medical Solutions Group in a research note on Friday, June 26th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 278.33.

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.