ams-OSRAM (OTCMKTS:AMSSY) Reaches New 1-Year High – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price reached a new 52-week high on Thursday . The company traded as high as $13.18 and last traded at $12.65, with a volume of 3432 shares changing hands. The stock had previously closed at $11.7216.

Analysts Set New Price Targets

AMSSY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Finally, Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold”.

ams-OSRAM Stock Up 17.8%

The stock has a market cap of $3.02 billion, a P/E ratio of -12.69 and a beta of 1.52. The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64. The firm’s fifty day moving average is $7.56 and its 200 day moving average is $6.04.

ams-OSRAM Company Profile

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.