Advanced Medical Solutions Group (LON:AMS) Shares Up 16.8% – Here’s What Happened

Advanced Medical Solutions Group plc (LON:AMSGet Free Report) traded up 16.8% on Thursday . The stock traded as high as GBX 236 ($3.05) and last traded at GBX 232 ($3.00). 54,913,332 shares changed hands during trading, an increase of 3,011% from the average session volume of 1,765,415 shares. The stock had previously closed at GBX 198.60 ($2.57).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 300 ($3.88) target price on shares of Advanced Medical Solutions Group in a research note on Wednesday, March 19th.

View Our Latest Stock Report on Advanced Medical Solutions Group

Advanced Medical Solutions Group Stock Performance

The company has a debt-to-equity ratio of 37.01, a current ratio of 8.39 and a quick ratio of 4.58. The firm has a market capitalization of £511.75 million, a PE ratio of 45.93, a P/E/G ratio of 5.00 and a beta of 0.74. The company’s fifty day simple moving average is GBX 211.33 and its 200 day simple moving average is GBX 211.26.

Advanced Medical Solutions Group (LON:AMSGet Free Report) last posted its quarterly earnings results on Thursday, March 20th. The company reported GBX 10.65 ($0.14) earnings per share (EPS) for the quarter. Advanced Medical Solutions Group had a net margin of 8.49% and a return on equity of 4.57%. As a group, equities research analysts expect that Advanced Medical Solutions Group plc will post 9.8159509 EPS for the current fiscal year.

Advanced Medical Solutions Group Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, June 20th. Shareholders of record on Thursday, May 29th will be given a dividend of GBX 1.83 ($0.02) per share. The ex-dividend date is Thursday, May 29th. This represents a dividend yield of 0.89%. This is an increase from Advanced Medical Solutions Group’s previous dividend of $0.77. Advanced Medical Solutions Group’s dividend payout ratio is currently 38.76%.

Advanced Medical Solutions Group Company Profile

(Get Free Report)

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®.

Further Reading

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