Advanced Medical Solutions Group (LON:AMS) Shares Cross Above Two Hundred Day Moving Average Following Insider Selling

Advanced Medical Solutions Group plc (LON:AMS)’s stock price passed above its 200-day moving average during trading on Thursday after an insider bought additional shares in the company. The stock has a 200-day moving average of GBX 203.36 ($2.71) and traded as high as GBX 222 ($2.96). Advanced Medical Solutions Group shares last traded at GBX 211.50 ($2.82), with a volume of 1,392,048 shares.

Wall Street Analyst Weigh In

AMS has been the topic of a number of recent analyst reports. Berenberg Bank reissued a “buy” rating and issued a GBX 300 price objective on shares of Advanced Medical Solutions Group in a research note on Wednesday, September 17th. Peel Hunt reiterated a “buy” rating and issued a GBX 246 target price on shares of Advanced Medical Solutions Group in a report on Wednesday, September 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 275 price target on shares of Advanced Medical Solutions Group in a research note on Wednesday, July 16th. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of GBX 273.67.

Advanced Medical Solutions Group Stock Down 5.2%

The company has a current ratio of 8.39, a quick ratio of 4.58 and a debt-to-equity ratio of 37.01. The stock’s 50-day moving average price is GBX 206.28 and its 200-day moving average price is GBX 203.36. The company has a market cap of £457.12 million, a P/E ratio of 6,507.69, a PEG ratio of 5.00 and a beta of 0.74.

Advanced Medical Solutions Group (LON:AMS) last issued its earnings results on Wednesday, September 17th. The company reported GBX 5.77 EPS for the quarter. Advanced Medical Solutions Group had a return on equity of 4.57% and a net margin of 8.49%. As a group, research analysts forecast that Advanced Medical Solutions Group plc will post 9.8159509 EPS for the current year.

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®.