ams-OSRAM (OTCMKTS:AMSSY) Stock Price Up 14.4% – What’s Next?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price shot up 14.4% during trading on Wednesday . The stock traded as high as $12.6650 and last traded at $12.39. Approximately 3,430 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 6,065 shares. The stock had previously closed at $10.83.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on AMSSY. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold”.

ams-OSRAM Trading Up 6.8%

The company’s 50-day moving average is $11.06 and its 200-day moving average is $8.53. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.02 and a current ratio of 1.40. The firm has a market cap of $2.47 billion, a price-to-earnings ratio of -6.49 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSY) last announced its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). ams-OSRAM had a negative return on equity of 7.17% and a negative net margin of 9.74%.The company had revenue of $935.84 million during the quarter, compared to the consensus estimate of $931.43 million. On average, research analysts predict that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share 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.