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

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up prior to trading on Tuesday . The stock had previously closed at $10.25, but opened at $11.0450. ams-OSRAM shares last traded at $11.03, with a volume of 11,273 shares traded.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on AMSSY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, ams-OSRAM currently has an average rating of “Hold”.

ams-OSRAM Trading Up 0.3%

The firm has a market capitalization of $2.22 billion, a PE ratio of -5.81 and a beta of 1.75. 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 company’s 50-day simple moving average is $11.07 and its 200 day simple moving average is $9.01.

ams-OSRAM (OTCMKTS:AMSSY) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). The firm 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, sell-side analysts expect that ams-OSRAM AG Unsponsored ADR will post -0.07 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.