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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $7.70, but opened at $8.1460. ams-OSRAM shares last traded at $8.1460, with a volume of 379 shares.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of ams-OSRAM to a “hold” rating in a research report on Wednesday, February 11th. Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, ams-OSRAM currently has an average rating of “Reduce”.

ams-OSRAM Stock Up 0.5%

The firm’s 50 day moving average is $5.65 and its two-hundred day moving average is $5.67. The firm has a market cap of $1.50 billion, a P/E ratio of -10.56 and a beta of 1.06. 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 released its quarterly earnings data on Tuesday, February 10th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.16. ams-OSRAM had a negative net margin of 3.76% and a positive return on equity of 6.11%. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $870.83 million. As a group, research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.35 EPS 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.