Advanced Medical Solutions Group (LON:AMS) Shares Cross Above 200-Day Moving Average – What’s Next?

Advanced Medical Solutions Group plc (LON:AMS)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 215.87 ($2.76) and traded as high as GBX 217.55 ($2.78). Advanced Medical Solutions Group shares last traded at GBX 213 ($2.72), with a volume of 844,409 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 300 ($3.84) price target on shares of Advanced Medical Solutions Group in a report on Tuesday, January 14th.

Advanced Medical Solutions Group Trading Up 2.1 %

The stock’s fifty day moving average price is GBX 208.51 and its 200 day moving average price is GBX 215.87. The company has a quick ratio of 4.58, a current ratio of 8.39 and a debt-to-equity ratio of 37.01. The stock has a market cap of £469.58 million, a PE ratio of 42.14, a PEG ratio of 5.00 and a beta of 0.74.

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®.