Advanced Medical Solutions Group (LON:AMS) Trading Up 1.7% – Should You Buy?

Advanced Medical Solutions Group plc (LON:AMS) traded up 1.7% during trading on Friday . The company traded as high as GBX 209.50 ($2.67) and last traded at GBX 207 ($2.64). 392,018 shares were traded during mid-day trading, a decline of 15% from the average session volume of 461,655 shares. The stock had previously closed at GBX 203.50 ($2.59).

Analysts Set New Price Targets

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 300 ($3.82) price target on shares of Advanced Medical Solutions Group in a research note on Wednesday, September 18th.

Advanced Medical Solutions Group Price Performance

The stock’s 50 day simple moving average is GBX 211.02 and its 200-day simple moving average is GBX 222.90. The stock has a market capitalization of £444.12 million, a price-to-earnings ratio of 4,140.00, a PEG ratio of 5.00 and a beta of 0.74. The company has a debt-to-equity ratio of 37.01, a current ratio of 8.39 and a quick ratio of 4.58.

Advanced Medical Solutions Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, October 25th. Investors of record on Thursday, September 26th were paid a GBX 0.77 ($0.01) dividend. This represents a dividend yield of 0.32%. The ex-dividend date was Thursday, September 26th. Advanced Medical Solutions Group’s payout ratio is presently 4,000.00%.

Insiders Place Their Bets

In other news, insider Grahame Cook acquired 48,864 shares of Advanced Medical Solutions Group stock in a transaction dated Thursday, October 10th. The stock was acquired at an average cost of GBX 205 ($2.61) per share, for a total transaction of £100,171.20 ($127,671.68). Also, insider Eddie Johnson sold 34,235 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of GBX 218 ($2.78), for a total transaction of £74,632.30 ($95,121.46). Company insiders own 3.12% of the company’s stock.

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.