Advanced Medical Solutions Group (LON:AMS) Stock Crosses Below 200 Day Moving Average – Here’s What Happened

Advanced Medical Solutions Group plc (LON:AMSGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 214.01 and traded as low as GBX 192.20. Advanced Medical Solutions Group shares last traded at GBX 193.80, with a volume of 10,314,972 shares.

Analyst Ratings Changes

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 300 price target on shares of Advanced Medical Solutions Group in a research report on Wednesday, March 18th. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of GBX 273.67.

Get Our Latest Stock Report on AMS

Advanced Medical Solutions Group Stock 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 stock has a market capitalization of £414.16 million, a PE ratio of 45.90, a PEG ratio of 5.00 and a beta of 0.60. The firm has a 50 day moving average price of GBX 208.66 and a 200-day moving average price of GBX 213.74.

Advanced Medical Solutions Group (LON:AMSGet Free Report) last issued its earnings results on Wednesday, March 18th. The company reported GBX 11.98 EPS for the quarter. Advanced Medical Solutions Group had a return on equity of 3.87% and a net margin of 4.35%. Research analysts expect that Advanced Medical Solutions Group plc will post 9.8159509 EPS for the current fiscal year.

About Advanced Medical Solutions Group

(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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