Advanced Medical Solutions Group (LON:AMS) Shares Pass Above 50-Day Moving Average – What’s Next?

Advanced Medical Solutions Group plc (LON:AMS) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 230.36 and traded as high as GBX 240. Advanced Medical Solutions Group shares last traded at GBX 231.50, with a volume of 2,216,345 shares.

Analyst Upgrades and Downgrades

Several research firms recently commented on AMS. Royal Bank Of Canada reiterated a “sector perform” rating and issued a GBX 260 price objective on shares of Advanced Medical Solutions Group in a research report on Thursday, April 9th. Berenberg Bank restated a “buy” rating and set a GBX 300 target price on shares of Advanced Medical Solutions Group in a report on Tuesday, May 19th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 270.25.

Advanced Medical Solutions Group Stock Performance

The company has a market capitalization of £500.72 million, a price-to-earnings ratio of 51.00, a PEG ratio of 5.00 and a beta of 0.71. The stock has a fifty day moving average price of GBX 230.36 and a two-hundred day moving average price 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.

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.