ams-OSRAM (OTCMKTS:AMSSY) Stock Price Up 10.3% – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price traded up 10.3% during trading on Wednesday . The company traded as high as $11.47 and last traded at $11.47. Approximately 500 shares traded hands during trading, a decline of 92% from the average daily volume of 6,199 shares. The stock had previously closed at $10.40.

Analyst Ratings Changes

A number of analysts have recently weighed in on AMSSY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. Jefferies Financial Group raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. 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. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

ams-OSRAM Stock Up 6.1%

The company has a market cap of $2.30 billion, a price-to-earnings ratio of -9.70 and a beta of 1.75. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79. The business has a fifty day moving average of $11.25 and a two-hundred day moving average of $8.32.

ams-OSRAM (OTCMKTS:AMSSY) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.26). ams-OSRAM had a negative net margin of 6.18% and a positive return on equity of 0.79%. The business had revenue of $935.84 million during the quarter, compared to analyst estimates of $930.73 million. As a group, equities analysts anticipate that ams-OSRAM AG Unsponsored ADR will post 0.1 EPS for the current fiscal 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.