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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $11.60, but opened at $12.0950. ams-OSRAM shares last traded at $12.14, with a volume of 1,669 shares.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

View Our Latest Stock Analysis on ams-OSRAM

ams-OSRAM Stock Up 5.1%

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 fifty day simple moving average of $11.05 and a 200-day simple moving average of $8.67. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of -6.38 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The company had revenue of $935.84 million during the quarter, compared to analyst estimates of $931.43 million. ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. As a group, sell-side analysts expect that ams-OSRAM AG Unsponsored ADR will post -0.07 EPS for the current year.

ams-OSRAM Company Profile

(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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