Advanced Medical Solutions Group (LON:AMS) Share Price Passes Above Two Hundred Day Moving Average of $204.36

Advanced Medical Solutions Group plc (LON:AMS) shares crossed 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.

Analyst Ratings Changes

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

Advanced Medical Solutions Group Stock Performance

The company has a debt-to-equity ratio of 3.74, a current ratio of 5.67 and a quick ratio of 4.58. The company’s 50-day moving average price is GBX 206.80 and its two-hundred day moving average price is GBX 204.36. The company has a market capitalization of £459.48 million, a price-to-earnings ratio of 3,064.29, a PEG ratio of 4.77 and a beta of 0.57.

About Advanced Medical Solutions Group

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.