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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $10.25, but opened at $11.0450. ams-OSRAM shares last traded at $11.03, with a volume of 11,273 shares.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Jefferies Financial Group raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

ams-OSRAM Stock Performance

The firm has a market cap of $2.21 billion, a PE ratio of -5.79 and a beta of 1.75. The company has a 50 day simple moving average of $11.10 and a 200-day simple moving average of $8.92. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The business had revenue of $935.84 million for the quarter, compared to analysts’ expectations of $931.43 million. ams-OSRAM had a negative return on equity of 7.17% and a negative net margin of 9.74%. As a group, equities research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 EPS 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.