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

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up prior to trading on Thursday . The stock had previously closed at $5.20, but opened at $5.64. ams-OSRAM shares last traded at $5.64, with a volume of 1,845 shares.

Wall Street Analyst Weigh In

Several research firms have commented on AMSSY. Jefferies Financial Group downgraded ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Deutsche Bank Aktiengesellschaft cut shares of ams-OSRAM to a “hold” rating in a research report on Wednesday, February 11th. 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. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce”.

ams-OSRAM Stock Up 8.5%

The company has a market cap of $1.13 billion, a P/E ratio of -7.94 and a beta of 1.04. The stock’s 50-day moving average price is $5.23 and its 200-day moving average price is $5.87. The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.16. ams-OSRAM had a positive return on equity of 6.11% and a negative net margin of 3.76%.The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $870.83 million. As a group, research analysts forecast that ams-OSRAM AG Unsponsored ADR will post 0.67 EPS for the current year.

About ams-OSRAM

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.