ams-OSRAM (OTCMKTS:AMSSY) Shares Up 13.8% – What’s Next?

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shot up 13.8% on Friday . The stock traded as high as $14.40 and last traded at $14.40. 371 shares were traded during mid-day trading, a decline of 85% from the average session volume of 2,463 shares. The stock had previously closed at $12.65.

Analysts Set New Price Targets

Several research firms have weighed in on AMSSY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. Zacks Research upgraded ams-OSRAM from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

ams-OSRAM Stock Up 14.9%

The firm has a market capitalization of $2.94 billion, a P/E ratio of -12.38 and a beta of 1.52. The company has a 50 day simple moving average of $7.37 and a two-hundred day simple moving average of $5.98. The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64.

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.