Advanced Medical Solutions Group (LON:AMS) Stock Price Passes Above Two Hundred Day Moving Average of $203.48

Advanced Medical Solutions Group plc (LON:AMSGet Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 203.48 ($2.60) and traded as high as GBX 217 ($2.77). Advanced Medical Solutions Group shares last traded at GBX 216 ($2.76), with a volume of 303,955 shares.

Wall Street Analyst Weigh In

Separately, Berenberg Bank lifted their target price on Advanced Medical Solutions Group from GBX 290 ($3.70) to GBX 300 ($3.83) and gave the stock a “buy” rating in a report on Wednesday, March 27th.

Get Our Latest Analysis on Advanced Medical Solutions Group

Advanced Medical Solutions Group Price Performance

The company has a market capitalization of £462.69 million, a price-to-earnings ratio of 3,085.71, a P/E/G ratio of 4.77 and a beta of 0.57. The stock has a fifty day simple moving average of GBX 195.47 and a 200-day simple moving average of GBX 203.48. The company has a debt-to-equity ratio of 3.74, a current ratio of 5.67 and a quick ratio of 4.58.

Advanced Medical Solutions Group Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 21st. Shareholders of record on Thursday, May 30th will be issued a GBX 1.66 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, May 30th. This is an increase from Advanced Medical Solutions Group’s previous dividend of $0.70. This represents a yield of 0.79%. Advanced Medical Solutions Group’s payout ratio is presently 2,857.14%.

Insider Activity

In other news, insider A Christopher (Chris) Meredith sold 35,340 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of GBX 196 ($2.50), for a total value of £69,266.40 ($88,462.84). In related news, insider A Christopher (Chris) Meredith sold 35,340 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of GBX 196 ($2.50), for a total transaction of £69,266.40 ($88,462.84). Also, insider Eddie Johnson purchased 27,051 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The shares were purchased at an average price of GBX 192 ($2.45) per share, with a total value of £51,937.92 ($66,331.95). Company insiders own 2.62% of the company’s stock.

About Advanced Medical Solutions Group

(Get Free Report)

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.

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