Advanced Medical Solutions Group (LON:AMS) Share Price Passes Above Two Hundred Day Moving Average - Here's Why

Advanced Medical Solutions Group plc (LON:AMS - Get Free Report)'s share price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 215.87 ($2.79) and traded as high as GBX 217.55 ($2.81). Advanced Medical Solutions Group shares last traded at GBX 213 ($2.75), with a volume of 844,409 shares trading hands.

Analyst Ratings Changes

Separately, Berenberg Bank reiterated a "buy" rating and issued a GBX 300 ($3.88) price objective on shares of Advanced Medical Solutions Group in a report on Tuesday, January 14th.

Advanced Medical Solutions Group Price Performance

The company has a current ratio of 8.39, a quick ratio of 4.58 and a debt-to-equity ratio of 37.01. The stock has a market cap of £461.50 million, a PE ratio of 41.42, a P/E/G ratio of 5.00 and a beta of 0.74. The company has a fifty day moving average of GBX 209.41 and a 200-day moving average of GBX 215.18.

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®.