Advanced Medical Solutions Group (LON:AMS) sets new 1-year high following dividend announcement

Advanced Medical Solutions Group plc (LON:AMS – Get Free Report )’s share price hit a new 52-week high during mid-day trading on Wednesday after the company announced a dividend. The company traded as high as GBX 269 ($3.55) and last traded at GBX 264.20 ($3.49), with a volume of 1126602 shares changing hands. The stock had previously closed at GBX 241.50 ($3.19).

The new dividend announced which will be paid on Friday, October 25th. Shareholders of record on Thursday, September 26th will be paid a dividend of GBX 0.77 ($0.01). The ex-dividend date of this dividend is Thursday, September 26. This represents a dividend yield of 0.32%. Advanced Medical Solutions Group’s dividend payout ratio (DPR) is 2,857.14%.

The Wall Street analyst weighs in

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 300 ($3.96) price objective on shares of Advanced Medical Solutions Group in a research report on Wednesday.

Get the latest analysis on Advanced Medical Solutions Group

Advanced Medical Solutions Group pricing performance

The company has a market cap of £543.71 million, a price-to-earnings ratio of 3,621.43, a PEG ratio of 4.83 and a beta of 0.74. The stock’s 50-day simple moving average is GBX 239.81, and its 200-day simple moving average is GBX 215.96. The company has a quick ratio of 4.58, a current ratio of 5.67, and a debt-to-equity ratio of 3.74.

Advanced Medical Solutions Group Company Profile

(Get a 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, the rest of Europe, the United States and internationally. It operates in two segments, Surgical and Woundcare.

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