ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Still a Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $9.84, but opened at $10.42. ams-OSRAM shares last traded at $10.45, with a volume of 382 shares.

ams-OSRAM Stock Up 6.2%

The stock’s 50 day simple moving average is $10.85 and its two-hundred day simple moving average is $9.62. The firm has a market cap of $2.09 billion, a P/E ratio of -5.47 and a beta of 1.75. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.31 and a quick ratio of 0.90.

ams-OSRAM (OTCMKTS:AMSSY) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). The company had revenue of $935.84 million during the quarter, compared to the consensus estimate of $931.43 million. ams-OSRAM had a negative return on equity of 7.58% and a negative net margin of 9.74%. As a group, research analysts forecast that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current year.

About ams-OSRAM

ams-OSRAM AG is a global provider of optical solutions serving the automotive, industrial, medical and consumer electronics markets. The company develops and manufactures light-emitting diodes, infrared and laser technologies, optical sensors and related semiconductor components.

Its products are used in applications such as vehicle lighting and sensing, projection, smartphones and other consumer devices, industrial automation, healthcare equipment, horticultural lighting and specialty illumination.