ams-OSRAM (OTCMKTS:AMSSY) Shares Up 22.2% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price traded up 22.2% during mid-day trading on Tuesday . The stock traded as high as $12.86 and last traded at $12.51. 10,703 shares traded hands during mid-day trading, an increase of 73% from the average session volume of 6,169 shares. The stock had previously closed at $10.24.

ams-OSRAM Price Performance

The firm’s 50 day moving average is $10.85 and its 200 day moving average is $9.71. The firm has a market cap of $2.54 billion, a P/E ratio of -6.66 and a beta of 1.75. The company has a debt-to-equity ratio of 3.10, a current ratio of 1.31 and a quick ratio of 0.90.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). The firm had revenue of $935.84 million during the quarter, compared to the consensus estimate of $931.43 million. ams-OSRAM had a negative return on equity of 7.58% and a negative net margin of 9.74%. As a group, analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current year.

About ams-OSRAM

ams-OSRAM AG is a global provider of optical solutions serving the automotive, industrial, medical and consumer electronics markets. The company develops and manufactures light-emitting diodes, infrared and laser technologies, optical sensors and related semiconductor components.

Its products are used in applications such as vehicle lighting and sensing, projection, smartphones and other consumer devices, industrial automation, healthcare equipment, horticultural lighting and specialty illumination.