ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Sees Significant Decrease in Short Interest

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 268 shares, a decline of 81.9% from the June 30th total of 1,477 shares. Based on an average daily trading volume, of 42,557 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

ams-OSRAM Trading Up 2.5%

Shares of AMSSY opened at $10.24 on Friday. ams-OSRAM has a 12-month low of $4.19 and a 12-month high of $15.10. 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 firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of -8.61 and a beta of 1.74. The stock’s 50-day moving average price is $11.71 and its 200 day moving average price is $8.06.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Jefferies Financial Group upgraded 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 issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ams-OSRAM has a consensus rating of “Hold”.

Check Out Our Latest Report on ams-OSRAM

ams-OSRAM Company Profile

(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.

Further Reading

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