ams-OSRAM (OTCMKTS:AMSSY) Sees Strong Trading Volume – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares saw unusually-high trading volume on Tuesday . Approximately 8,220 shares changed hands during mid-day trading, an increase of 35% from the previous session’s volume of 6,079 shares.The stock last traded at $10.81 and had previously closed at $10.12.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

ams-OSRAM Price Performance

The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The business has a 50-day simple moving average of $11.21 and a 200-day simple moving average of $8.36. The stock has a market cap of $2.30 billion, a P/E ratio of -6.04 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSY) last released its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. The firm had revenue of $935.84 million during the quarter, compared to the consensus estimate of $931.46 million. Analysts expect that ams-OSRAM AG Unsponsored ADR will post 0.1 EPS for the current 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.