Advanced Medical Solutions Group (LON:AMS) Share Price Passes Below 200-Day Moving Average - What's Next?

Advanced Medical Solutions Group plc (LON:AMS - Get Free Report)'s share price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 204.49 ($2.75) and traded as low as GBX 201.50 ($2.71). Advanced Medical Solutions Group shares last traded at GBX 202 ($2.71), with a volume of 179,546 shares.

Analyst Ratings Changes

A number of analysts have issued reports on the company. Berenberg Bank reaffirmed a "buy" rating and issued a GBX 300 ($4.03) target price on shares of Advanced Medical Solutions Group in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a GBX 275 ($3.69) target price on shares of Advanced Medical Solutions Group in a research note on Wednesday.

Advanced Medical Solutions Group Stock Up 1.2%

The firm has a market capitalization of £452.37 million, a price-to-earnings ratio of 40.60, a P/E/G ratio of 5.00 and a beta of 0.74. The business has a 50 day simple moving average of GBX 204.59 and a 200-day simple moving average of GBX 204.52. The company has a debt-to-equity ratio of 37.01, a quick ratio of 4.58 and a current ratio of 8.39.

Insiders Place Their Bets

In other news, insider A Christopher (Chris) Meredith sold 64,000 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of GBX 195 ($2.62), for a total transaction of £124,800 ($167,584.26). Also, insider Eddie Johnson sold 16,402 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of GBX 195 ($2.62), for a total value of £31,983.90 ($42,948.70). Insiders sold a total of 435,255 shares of company stock valued at $84,691,330 over the last ninety days. 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®.