ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Still a Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $10.25, but opened at $11.0450. ams-OSRAM shares last traded at $11.03, with a volume of 11,273 shares.

Wall Street Analyst Weigh In

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

View Our Latest Report on AMSSY

ams-OSRAM Stock Up 7.9%

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 company has a market cap of $2.21 billion, a PE ratio of -5.79 and a beta of 1.75. The stock has a 50-day moving average of $11.10 and a 200-day moving average of $8.92.

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) last announced its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share 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 during the quarter, compared to the consensus estimate of $931.43 million. Sell-side analysts predict that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share 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.

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