Advanced Medical Solutions Group (LON:AMS) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Advanced Medical Solutions Group plc (LON:AMS)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 214.49 and traded as high as GBX 218. Advanced Medical Solutions Group shares last traded at GBX 212.50, with a volume of 2,030,713 shares changing hands.

Analyst Upgrades and Downgrades

Separately, 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 Thursday, January 15th. Three investment analysts have rated the stock with a Buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 273.67.

Advanced Medical Solutions Group Trading Down 1.2%

The company has a debt-to-equity ratio of 37.01, a current ratio of 8.39 and a quick ratio of 4.58. The firm’s 50 day moving average price is GBX 217.15 and its 200 day moving average price is GBX 214.49. The stock has a market capitalization of £459.82 million, a P/E ratio of 50.96, a P/E/G ratio of 5.00 and a beta of 0.74.

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®. AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal® brand as well as under white label.