ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Should You Buy?

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up before the market opened on Thursday . The stock had previously closed at $6.3828, but opened at $7.50. ams-OSRAM shares last traded at $7.1736, with a volume of 753 shares changing hands.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft lowered shares of ams-OSRAM to a “hold” rating in a research report on Wednesday, February 11th. Zacks Research raised shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Reduce”.

ams-OSRAM Trading Up 7.2%

The company has a debt-to-equity ratio of 2.64, a current ratio of 1.47 and a quick ratio of 1.11. The firm has a market capitalization of $1.43 billion, a PE ratio of -10.10 and a beta of 1.06. The company’s fifty day simple moving average is $5.36 and its 200-day simple moving average is $5.64.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.16. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $870.83 million. ams-OSRAM had a negative net margin of 3.76% and a positive return on equity of 6.11%. As a group, sell-side analysts expect that ams-OSRAM AG Unsponsored ADR will post 0.67 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.