ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – What’s Next?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up before the market opened on Friday . The stock had previously closed at $10.47, but opened at $10.93. ams-OSRAM shares last traded at $11.12, with a volume of 500 shares trading hands.

Wall Street Analysts Forecast Growth

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

ams-OSRAM Stock Performance

The stock has a market capitalization of $2.22 billion, a PE ratio of -5.82 and a beta of 1.75. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02. The business has a 50 day moving average price of $10.98 and a 200 day moving average price of $9.24.

ams-OSRAM (OTCMKTS:AMSSY) last issued its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of $935.84 million during the quarter, compared to analysts’ expectations of $931.43 million. As a group, equities research analysts expect 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 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.