Advanced Medical Solutions Group (LON:AMS) Hits New 52-Week High – What’s Next?

Advanced Medical Solutions Group plc (LON:AMSGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as GBX 284.50 and last traded at GBX 281, with a volume of 6424088 shares trading hands. The stock had previously closed at GBX 281.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on AMS shares. Berenberg Bank reissued 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. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 275 price objective on shares of Advanced Medical Solutions Group in a report on Friday, June 26th. Finally, 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 report on Thursday, April 9th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Advanced Medical Solutions Group currently has a consensus rating of “Moderate Buy” and an average target price of GBX 270.25.

View Our Latest Stock Report on AMS

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 firm has a market capitalization of £608.68 million, a price-to-earnings ratio of 61.95, a PEG ratio of 5.00 and a beta of 0.70. The stock has a 50 day moving average price of GBX 245.55 and a two-hundred day moving average price of GBX 226.95.

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.

Further Reading

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