Advanced Medical Solutions Group (LON:AMS) Shares Up 5.1% – Here’s What Happened

Advanced Medical Solutions Group plc (LON:AMS)’s share price traded up 5.1% during trading on Tuesday . The stock traded as high as GBX 245.50 and last traded at GBX 243.31. Approximately 3,737,489 shares changed hands during trading, an increase of 89% from the average daily volume of 1,976,501 shares. The stock had previously closed at GBX 231.50.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 260 price target 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 note on Tuesday, May 19th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 270.25.

Advanced Medical Solutions Group Price Performance

The stock has a fifty day moving average of GBX 230.36 and a 200-day moving average of GBX 217.38. 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 firm has a market capitalization of £528.55 million, a P/E ratio of 53.83, a PEG ratio of 5.00 and a beta of 0.71.

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.