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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $10.47, but opened at $10.93. ams-OSRAM shares last traded at $11.12, with a volume of 500 shares changing hands.

Wall Street Analysts Forecast Growth

AMSSY has been the subject of a number of research reports. 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 reissued a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold”.

Read Our Latest Analysis on AMSSY

ams-OSRAM Stock Up 6.2%

The company has a market capitalization of $2.22 billion, a P/E ratio of -5.82 and a beta of 1.75. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02. The company has a 50 day moving average of $10.98 and a 200-day moving average of $9.24.

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