Advanced Medical Solutions Group (LON:AMS) Stock Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Advanced Medical Solutions Group plc (LON:AMS) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 230.36 and traded as high as GBX 240. Advanced Medical Solutions Group shares last traded at GBX 231.50, with a volume of 2,216,345 shares.

Analyst Upgrades and Downgrades

Several research firms have commented on AMS. Berenberg Bank reaffirmed a “buy” rating and set a GBX 300 price objective on shares of Advanced Medical Solutions Group in a research note on Tuesday, May 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 260 price objective on shares of Advanced Medical Solutions Group in a research report on Thursday, April 9th. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 270.25.

Advanced Medical Solutions Group Price Performance

The company has a debt-to-equity ratio of 31.50, a current ratio of 2.79 and a quick ratio of 4.58. The company’s 50 day moving average is GBX 230.36 and its 200 day moving average is GBX 217.38. The stock has a market cap of £500.72 million, a price-to-earnings ratio of 51.00, a PEG ratio of 5.00 and a beta of 0.71.

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.