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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up prior to trading on Monday . The stock had previously closed at $11.60, but opened at $12.0950. ams-OSRAM shares last traded at $12.14, with a volume of 1,669 shares changing hands.

Analysts Set New Price Targets

Several research analysts recently commented on AMSSY shares. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a 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 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 stock. According to data from MarketBeat, ams-OSRAM presently has a consensus rating of “Hold”.

ams-OSRAM Stock Up 5.1%

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 has a 50-day moving average of $11.05 and a 200 day moving average of $8.67. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of -6.38 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The company had revenue of $935.84 million for the quarter, compared to analyst estimates of $931.43 million. ams-OSRAM had a negative return on equity of 7.17% and a negative net margin of 9.74%. As a group, sell-side analysts forecast that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current fiscal year.

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.