ams-OSRAM (OTCMKTS:AMSSY) Stock Price Up 10.3% – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) shot up 10.3% during trading on Wednesday . The stock traded as high as $11.47 and last traded at $11.47. Approximately 500 shares traded hands during trading, a decline of 92% from the average session volume of 6,199 shares. The stock had previously closed at $10.40.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AMSSY shares. Jefferies Financial Group raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Read Our Latest Analysis on AMSSY

ams-OSRAM Price Performance

The stock’s 50 day moving average price is $11.25 and its 200-day moving average price is $8.32. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The stock has a market capitalization of $2.30 billion, a PE ratio of -9.70 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The firm had revenue of $935.84 million during the quarter, compared to the consensus estimate of $930.73 million. ams-OSRAM had a positive return on equity of 0.79% and a negative net margin of 6.18%. As a group, equities analysts forecast that ams-OSRAM AG Unsponsored ADR will post 0.1 EPS for the current year.

About ams-OSRAM

(Get Free Report)

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company’s product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.

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