ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $10.83, but opened at $11.3950. ams-OSRAM shares last traded at $11.40, with a volume of 1,073 shares changing hands.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AMSSY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, ams-OSRAM currently has a consensus rating of “Hold”.

Check Out Our Latest Report on ams-OSRAM

ams-OSRAM Price Performance

The business has a fifty day moving average of $11.10 and a 200-day moving average of $8.49. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.02 and a current ratio of 1.40. The firm has a market capitalization of $2.30 billion, a P/E ratio of -6.02 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). ams-OSRAM had a negative return on equity of 7.17% and a negative net margin of 9.74%.The business had revenue of $935.84 million for the quarter, compared to analyst estimates of $931.43 million. On average, sell-side analysts forecast that ams-OSRAM AG Unsponsored ADR will post -0.07 EPS for the current fiscal 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.

Further Reading

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