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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up prior to trading on Thursday . The stock had previously closed at $10.48, but opened at $11.98. ams-OSRAM shares last traded at $11.7750, with a volume of 26,466 shares.

Analyst Ratings Changes

A number of brokerages have weighed in on AMSSY. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research report 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 given a Sell rating to the company. According to MarketBeat, ams-OSRAM has an average rating of “Hold”.

ams-OSRAM Stock Up 12.5%

The company’s fifty day simple moving average is $11.06 and its 200-day simple moving average is $7.34. The firm has a market capitalization of $2.35 billion, a PE ratio of -9.90 and a beta of 1.72. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02.

About ams-OSRAM

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.