ams-OSRAM (OTCMKTS:AMSSY) Shares Up 6% – What’s Next?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price traded up 6% on Tuesday . The stock traded as high as $10.60 and last traded at $10.60. 10,392 shares traded hands during trading, an increase of 153% from the average session volume of 4,112 shares. The stock had previously closed at $10.00.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. Finally, Zacks Research raised shares of 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 given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, ams-OSRAM presently has an average rating of “Hold”.

ams-OSRAM Stock Down 4.2%

The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02. The firm’s 50-day moving average price is $9.25 and its 200 day moving average price is $6.57. The firm has a market cap of $2.19 billion, a P/E ratio of -9.24 and a beta of 1.71.

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.