Advanced Medical Solutions Group (LON:AMS) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Advanced Medical Solutions Group plc (LON:AMS) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 218.10 ($2.75) and traded as high as GBX 226 ($2.84). Advanced Medical Solutions Group shares last traded at GBX 219 ($2.76), with a volume of 504,990 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 300 ($3.78) price objective on shares of Advanced Medical Solutions Group in a report on Tuesday, January 14th.

Advanced Medical Solutions Group Trading Down 3.1 %

The business has a fifty day moving average price of GBX 205.72 and a 200 day moving average price of GBX 217.91. The company has a market capitalization of £472.88 million, a PE ratio of 42.44, a P/E/G ratio of 5.00 and a beta of 0.74. The company has a debt-to-equity ratio of 37.01, a quick ratio of 4.58 and a current ratio of 8.39.

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®.