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

Advanced Medical Solutions Group plc (LON:AMS) reached a new 52-week high on Monday . The company traded as high as GBX 272 and last traded at GBX 259.61, with a volume of 1197180 shares traded. The stock had previously closed at GBX 222.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Royal Bank Of Canada reissued a “sector perform” rating and set a GBX 260 price objective on shares of Advanced Medical Solutions Group in a research note on Thursday, April 9th. Berenberg Bank restated a “buy” rating and issued a GBX 300 target price on shares of Advanced Medical Solutions Group in a research report on Wednesday, March 18th. Three research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 270.25.

Advanced Medical Solutions Group Price 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 company has a market cap of £563.00 million, a PE ratio of 57.56, a P/E/G ratio of 5.00 and a beta of 0.63. The stock has a 50-day simple moving average of GBX 206.53 and a 200 day simple moving average of GBX 213.49.

Advanced Medical Solutions Group (LON:AMS) last posted 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%. Equities analysts expect 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®. AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal® brand as well as under white label.