Advanced Medical Solutions Group (LON:AMS) Shares Cross Above 200-Day Moving Average of $204.36

Shares of Advanced Medical Solutions Group plc (LON:AMS) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 204.36 ($2.59) and traded as high as GBX 217 ($2.75). Advanced Medical Solutions Group shares last traded at GBX 214.50 ($2.72), with a volume of 258,773 shares traded.

Analysts Set New Price Targets

Separately, Berenberg Bank raised their price target on Advanced Medical Solutions Group from GBX 290 ($3.68) to GBX 300 ($3.81) and gave the company a “buy” rating in a report on Wednesday, March 27th.

Advanced Medical Solutions Group Price Performance

The business’s fifty day moving average price is GBX 207.40 and its 200-day moving average price is GBX 204.48. The company has a market capitalization of £458.41 million, a P/E ratio of 3,057.14, a P/E/G ratio of 4.77 and a beta of 0.57. The company has a current ratio of 5.67, a quick ratio of 4.58 and a debt-to-equity ratio of 3.74.

Advanced Medical Solutions Group Company Profile

Advanced Medical Solutions Group plc, together with its subsidiaries, designs, develops, manufactures, and distributes products for the wound care, surgical, and wound closure markets in the United Kingdom, Germany, rest of Europe, the United States, and internationally. It operates in two segments, Surgical and Woundcare.