Advanced Medical Solutions Group (LON:AMS) Sets New 1-Year High – Still a Buy?

Advanced Medical Solutions Group plc (LON:AMS)’s stock price reached a new 52-week high on Wednesday . The company traded as high as GBX 282 and last traded at GBX 280, with a volume of 1107860 shares changing hands. The stock had previously closed at GBX 280.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 260 price objective on shares of Advanced Medical Solutions Group in a research report on Thursday, April 9th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a GBX 275 target price on shares of Advanced Medical Solutions Group in a research report on Friday, June 26th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 300 target price on shares of Advanced Medical Solutions Group in a research note on Tuesday, May 19th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Advanced Medical Solutions Group currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 270.25.

Advanced Medical Solutions Group Trading Up 0.1%

The company has a 50 day moving average of GBX 236.40 and a two-hundred day moving average of GBX 219.67. The stock has a market capitalization of £608.64 million, a PE ratio of 61.99, a P/E/G ratio of 5.00 and a beta of 0.71. The company has a debt-to-equity ratio of 31.50, a quick ratio of 4.58 and a current ratio of 2.79.

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®. AMS also supplies wound care dressings such as silver alginates, alginates and foams through its ActivHeal® brand as well as under white label.