ams-OSRAM (OTCMKTS:AMSSY) Shares Climb 10% – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) rose 10% during trading on Friday. The stock traded as high as $14.23 and last traded at $14.23. 845 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 6,425 shares. The stock had previously closed at $12.94.

ams-OSRAM Stock Performance

The stock has a market capitalization of $2.84 billion, a price-to-earnings ratio of -7.45 and a beta of 1.75. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.31 and a quick ratio of 0.90. The stock has a 50-day moving average of $11.23 and a 200 day moving average of $10.14.

ams-OSRAM (OTCMKTS:AMSSY) last released its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.58%. The business had revenue of $935.84 million for the quarter, compared to analyst estimates of $931.43 million. On average, analysts expect that ams-OSRAM AG Unsponsored ADR will post -0.07 EPS for the current year.

About ams-OSRAM

ams-OSRAM AG is a global provider of optical solutions, combining semiconductor technologies with illumination and sensing products. The company develops and manufactures light-emitting diodes, laser emitters, optical sensors, detectors, and related components used in automotive, industrial, medical, consumer, and other specialized applications.

Its products support functions such as vehicle lighting and displays, environmental and biometric sensing, machine vision, horticultural lighting, professional illumination, and imaging.