Advanced Medical Solutions Group (LON:AMS) Shares Pass Above 200 Day Moving Average – Here’s What Happened

Advanced Medical Solutions Group plc (LON:AMS)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 212.83 and traded as high as GBX 224.50. Advanced Medical Solutions Group shares last traded at GBX 223.48, with a volume of 1,393,094 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank restated a “buy” rating and set a GBX 300 price objective on shares of Advanced Medical Solutions Group in a research report on Thursday, January 15th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Advanced Medical Solutions Group has a consensus rating of “Buy” and a consensus price target of GBX 273.67.

Advanced Medical Solutions Group Stock Performance

The company has a debt-to-equity ratio of 37.01, a current ratio of 8.39 and a quick ratio of 4.58. The firm has a market capitalization of £471.15 million, a PE ratio of 52.22, a P/E/G ratio of 5.00 and a beta of 0.74. The firm has a fifty day moving average price of GBX 215.96 and a 200 day moving average price of GBX 212.98.

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.