ams-OSRAM (OTCMKTS:AMSSY) Hits New 52-Week High – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price reached a new 52-week high on Monday . The stock traded as high as $8.00 and last traded at $8.00, with a volume of 1530 shares changing hands. The stock had previously closed at $7.69.

Analysts Set New Price Targets

A number of research analysts recently issued reports on AMSSY shares. Deutsche Bank Aktiengesellschaft downgraded ams-OSRAM to a “hold” rating in a research note on Wednesday, February 11th. Zacks Research upgraded ams-OSRAM from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ams-OSRAM has a consensus rating of “Reduce”.

ams-OSRAM Stock Performance

The stock has a market cap of $1.60 billion, a PE ratio of -11.27 and a beta of 1.06. The stock has a fifty day moving average of $5.45 and a 200-day moving average of $5.63. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 2.64.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.04 by $0.16. ams-OSRAM had a positive return on equity of 6.11% and a negative net margin of 3.76%.The firm had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $870.83 million. On average, equities analysts forecast that ams-OSRAM AG Unsponsored ADR will post 0.67 EPS for the current year.

About ams-OSRAM

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.