Advanced Medical Solutions Group (LON:AMS) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Advanced Medical Solutions Group plc (LON:AMS) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 234.07 and traded as high as GBX 281.50. Advanced Medical Solutions Group shares last traded at GBX 280.50, with a volume of 2,796,806 shares changing hands.

Wall Street Analysts Forecast Growth

AMS has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 275 price target on shares of Advanced Medical Solutions Group in a research report on Friday, June 26th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 300 price objective on shares of Advanced Medical Solutions Group in a report on Tuesday, May 19th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Advanced Medical Solutions Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 270.25.

Advanced Medical Solutions Group Stock Performance

The company has a current ratio of 2.79, a quick ratio of 4.58 and a debt-to-equity ratio of 31.50. The stock has a market cap of £610.36 million, a price-to-earnings ratio of 62.06, a PEG ratio of 5.00 and a beta of 0.70. The stock’s 50 day moving average is GBX 265.82 and its two-hundred day moving average is GBX 234.07.

About Advanced Medical Solutions Group

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.