Advanced Medical Solutions Group plc (LON:AMS – Get Free Report)’s stock price shot up 16.8% on Thursday . The company traded as high as GBX 236 ($3.04) and last traded at GBX 232 ($2.99). 54,913,332 shares were traded during trading, an increase of 3,011% from the average session volume of 1,765,415 shares. The stock had previously closed at GBX 198.60 ($2.56).
Wall Street Analyst Weigh In
Separately, Berenberg Bank restated a “buy” rating and issued a GBX 300 ($3.86) price target on shares of Advanced Medical Solutions Group in a research report on Wednesday, March 19th.
Get Our Latest Stock Analysis on AMS
Advanced Medical Solutions Group Stock Performance
Advanced Medical Solutions Group (LON:AMS – Get Free Report) last issued its earnings results on Thursday, March 20th. The company reported GBX 10.65 ($0.14) earnings per share for the quarter. Advanced Medical Solutions Group had a return on equity of 4.57% and a net margin of 8.49%. On average, equities analysts forecast that Advanced Medical Solutions Group plc will post 9.8159509 earnings per share for the current year.
Advanced Medical Solutions Group Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, June 20th. Investors of record on Thursday, May 29th will be given a dividend of GBX 1.83 ($0.02) per share. This represents a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, May 29th. This is an increase from Advanced Medical Solutions Group’s previous dividend of $0.77. Advanced Medical Solutions Group’s payout ratio is presently 38.76%.
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®.
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