Advanced Medical Solutions Group (LON:AMS) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Advanced Medical Solutions Group plc (LON:AMS)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 225.56 and traded as high as GBX 279.50. Advanced Medical Solutions Group shares last traded at GBX 278.50, with a volume of 1,590,604 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AMS shares. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 260 price target on shares of Advanced Medical Solutions Group in a report on Thursday, April 9th. Berenberg Bank reiterated a “buy” rating and set a GBX 300 target price on shares of Advanced Medical Solutions Group in a research note on Tuesday, May 19th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 275 price objective on shares of Advanced Medical Solutions Group in a research note on Friday, June 26th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 270.25.

Advanced Medical Solutions Group Price Performance

The company has a quick ratio of 4.58, a current ratio of 2.79 and a debt-to-equity ratio of 31.50. The company has a 50 day moving average of GBX 243.80 and a two-hundred day moving average of GBX 225.56. The firm has a market cap of £605.42 million, a P/E ratio of 61.62, a PEG ratio of 5.00 and a beta of 0.70.

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.