ams-OSRAM (OTCMKTS:AMSSY) Trading 14.4% Higher – Time to Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price shot up 14.4% on Wednesday . The stock traded as high as $12.6650 and last traded at $12.39. 3,430 shares were traded during trading, a decline of 43% from the average session volume of 6,065 shares. The stock had previously closed at $10.83.

Analyst Ratings Changes

Several brokerages have recently commented on AMSSY. Deutsche Bank Aktiengesellschaft reiterated 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 note on Sunday, May 10th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

ams-OSRAM Trading Up 6.8%

The company’s fifty day simple moving average is $11.06 and its two-hundred day simple moving average is $8.53. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of -6.49 and a beta of 1.75. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly 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 net margin of 9.74% and a negative return on equity of 7.17%. The firm had revenue of $935.84 million during the quarter, compared to analyst estimates of $931.43 million. Research 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.