Advanced Medical Solutions Group (LON:AMS) Trading 5.1% Higher – Here’s Why

Advanced Medical Solutions Group plc (LON:AMS) shares were up 5.1% during trading on Tuesday . The stock traded as high as GBX 245.50 and last traded at GBX 243.31. 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 Ratings Changes

Several equities research analysts have recently weighed in on AMS shares. Royal Bank Of Canada reissued 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 reaffirmed a “buy” rating and issued a GBX 300 price objective on shares of Advanced Medical Solutions Group in a research note on Tuesday, May 19th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 270.25.

Advanced Medical Solutions Group Stock Performance

The stock’s 50 day moving average price is GBX 231.69 and its 200 day moving average price is GBX 217.86. The company has a debt-to-equity ratio of 31.50, a quick ratio of 4.58 and a current ratio of 2.79. The company has a market capitalization of £604.18 million, a P/E ratio of 61.53, a price-to-earnings-growth 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.