Advanced Medical Solutions Group (LON:AMS) Reaches New 12-Month High – Still a Buy?

Advanced Medical Solutions Group plc (LON:AMSGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 279.50 and last traded at GBX 278.50, with a volume of 134323438 shares traded. The stock had previously closed at GBX 240.

Wall Street Analyst Weigh In

AMS has been the topic of several analyst reports. Royal Bank Of Canada reiterated a “sector perform” rating and set a GBX 260 price target on shares of Advanced Medical Solutions Group in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a GBX 275 price target on shares of Advanced Medical Solutions Group in a report on Friday. Finally, Berenberg Bank reaffirmed 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. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Medical Solutions Group has a consensus rating of “Moderate Buy” and a consensus price target of GBX 270.25.

View Our Latest Stock Analysis on Advanced Medical Solutions Group

Advanced Medical Solutions Group Trading Up 0.1%

The company has a market cap of £605.44 million, a PE ratio of 61.66, a P/E/G ratio of 5.00 and a beta of 0.71. The stock’s 50 day moving average is GBX 234.09 and its 200-day moving average is GBX 218.65. The company has a quick ratio of 4.58, a current ratio of 2.79 and a debt-to-equity ratio of 31.50.

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.

Further Reading

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