ams-OSRAM (OTCMKTS:AMSSY) Shares Up 8.8% – Still a Buy?

by · The Cerbat Gem

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) rose 8.8% on Tuesday . The company traded as high as $11.3950 and last traded at $11.3950. Approximately 501 shares changed hands during trading, a decline of 92% from the average daily volume of 6,011 shares. The stock had previously closed at $10.47.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Read Our Latest Stock Report on ams-OSRAM

ams-OSRAM Trading Up 3.0%

The firm’s 50-day simple moving average is $10.98 and its 200-day simple moving average is $9.33. The firm has a market capitalization of $2.28 billion, a PE ratio of -5.98 and a beta of 1.75. The company has a quick ratio of 0.90, a current ratio of 1.31 and a debt-to-equity ratio of 3.10.

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

ams-OSRAM Company Profile

(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.

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