ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up before the market opened on Wednesday . The stock had previously closed at $12.65, but opened at $14.13. ams-OSRAM shares last traded at $13.00, with a volume of 2,406 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on AMSSY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Finally, Zacks Research upgraded ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

ams-OSRAM Trading Down 1.0%

The stock has a market cap of $2.65 billion, a P/E ratio of -11.15 and a beta of 1.72. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. The business’s 50 day simple moving average is $8.56 and its two-hundred day simple moving average is $6.34.

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.