Advanced Medical Solutions Group (LON:AMS) Trading Up 14.4% - Here's Why

Advanced Medical Solutions Group plc (LON:AMS - Get Free Report)'s stock price rose 14.4% on Tuesday . The company traded as high as GBX 218 ($2.66) and last traded at GBX 218 ($2.66). Approximately 1,169,792 shares changed hands during mid-day trading, an increase of 142% from the average daily volume of 483,901 shares. The stock had previously closed at GBX 190.60 ($2.33).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and set a GBX 300 ($3.66) target price on shares of Advanced Medical Solutions Group in a research report on Tuesday.

Advanced Medical Solutions Group Stock Up 14.4 %

The firm has a fifty day moving average price of GBX 204 and a 200 day moving average price of GBX 220.12. 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 firm has a market capitalization of £467.72 million, a price-to-earnings ratio of 4,360.00, a P/E/G ratio of 5.00 and a beta of 0.74.

Insider Buying and Selling at Advanced Medical Solutions Group

In related news, insider Eddie Johnson sold 34,235 shares of the company's stock in a transaction dated Monday, November 11th. The stock was sold at an average price of GBX 218 ($2.66), for a total value of £74,632.30 ($91,115.00). Corporate insiders own 3.12% of the company's stock.

Advanced Medical Solutions Group Company Profile

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®.