ams-OSRAM (OTCMKTS:AMSSY) Trading 14.3% Higher – Time to Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) shares traded up 14.3% during mid-day trading on Tuesday . The stock traded as high as $11.03 and last traded at $11.03. 3,760 shares traded hands during trading, a decline of 39% from the average daily volume of 6,127 shares. The stock had previously closed at $9.65.

Wall Street Analyst Weigh In

A number of research analysts recently commented on AMSSY shares. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Check Out Our Latest Report on AMSSY

ams-OSRAM Stock Up 14.3%

The business’s 50 day simple moving average is $11.83 and its 200 day simple moving average is $7.94. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79. The firm has a market capitalization of $2.20 billion, a PE ratio of -9.27 and a beta of 1.74.

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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