Advanced Medical Solutions Group (LON:AMS) Reaches New 12-Month High – Here’s Why

Advanced Medical Solutions Group plc (LON:AMSGet Free Report) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 282 and last traded at GBX 280, with a volume of 1107860 shares. The stock had previously closed at GBX 280.

Analysts Set New Price Targets

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

Check Out Our Latest Stock Report on Advanced Medical Solutions Group

Advanced Medical Solutions Group Stock Up 0.2%

The stock has a market capitalization of £610.42 million, a P/E ratio of 62.17, a P/E/G ratio of 5.00 and a beta of 0.71. The company has a current ratio of 2.79, a quick ratio of 4.58 and a debt-to-equity ratio of 31.50. The firm’s fifty day moving average is GBX 237.13 and its 200-day moving average is GBX 220.67.

Advanced Medical Solutions Group Company Profile

(Get Free Report)

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.

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