ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Time to Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up prior to trading on Monday . The stock had previously closed at $10.5450, but opened at $12.20. ams-OSRAM shares last traded at $11.50, with a volume of 1,489 shares.

Wall Street Analysts Forecast Growth

AMSSY has been the subject of several analyst reports. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

ams-OSRAM Price Performance

The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of -9.68 and a beta of 1.71. 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 company has a 50 day simple moving average of $9.68 and a 200 day simple moving average of $6.72.

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.