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

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $10.83, but opened at $11.3950. ams-OSRAM shares last traded at $11.40, with a volume of 1,073 shares trading hands.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMSSY. Jefferies Financial Group raised shares of 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. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold”.

Read Our Latest Report on ams-OSRAM

ams-OSRAM Price Performance

The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The company has a 50 day simple moving average of $11.10 and a 200-day simple moving average of $8.49. The stock has a market cap of $2.30 billion, a price-to-earnings ratio of -6.02 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share 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 7.17%. The firm had revenue of $935.84 million during the quarter, compared to the consensus estimate of $931.43 million. As a group, research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 EPS for the current fiscal year.

About ams-OSRAM

(Get Free Report)

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.

Further Reading

Receive News & Ratings for ams-OSRAM Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ams-OSRAM and related companies with MarketBeat.com's FREE daily email newsletter.