ams-OSRAM (OTCMKTS:AMSSY) Sees Unusually-High Trading Volume – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares saw strong trading volume on Thursday . 3,207 shares changed hands during trading, an increase of 84% from the previous session’s volume of 1,739 shares.The stock last traded at $12.04 and had previously closed at $11.83.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Zacks Research raised ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a research report on Tuesday. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, ams-OSRAM has an average rating of “Hold”.

ams-OSRAM Stock Performance

The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of -9.86 and a beta of 1.52. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.11 and a current ratio of 1.47. The firm has a 50-day simple moving average of $6.56 and a two-hundred day simple moving average of $5.78.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. ams-OSRAM had a positive return on equity of 0.76% and a negative net margin of 6.18%.The business had revenue of $1.02 billion during the quarter, compared to the consensus estimate of $870.83 million. On average, sell-side analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.22 EPS for the current fiscal 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.