ams-OSRAM (OTCMKTS:AMSSY) Sets New 52-Week High – Time to Buy?

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $13.18 and last traded at $12.65, with a volume of 3432 shares. The stock had previously closed at $11.7216.

Analyst Ratings Changes

AMSSY has been the subject of a number of recent analyst reports. Zacks Research raised ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

ams-OSRAM Price Performance

The business has a 50-day moving average price of $7.21 and a 200 day moving average price of $5.94. The company has a market cap of $2.53 billion, a price-to-earnings ratio of -10.63 and a beta of 1.52. The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64.

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.