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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $10.83, but opened at $11.3950. ams-OSRAM shares last traded at $11.40, with a volume of 1,073 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on AMSSY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One equities research 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

ams-OSRAM Stock Performance

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 business has a 50 day moving average price of $11.04 and a two-hundred day moving average price of $8.58. The stock has a market cap of $2.46 billion, a P/E ratio of -6.45 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSY) last posted 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). ams-OSRAM had a negative return on equity of 7.17% and a negative net margin of 9.74%.The business had revenue of $935.84 million during the quarter, compared to analysts’ expectations of $931.43 million. On average, sell-side analysts forecast that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current fiscal year.

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.