ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Sees Significant Decrease in Short Interest

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 334 shares, a decrease of 97.0% from the July 30th total of 10,987 shares. Based on an average trading volume of 9,765 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

ams-OSRAM Trading Up 7.9%

ams-OSRAM stock traded up $0.81 during mid-day trading on Tuesday, hitting $11.06. The stock had a trading volume of 21,338 shares, compared to its average volume of 6,340. The stock has a 50-day simple moving average of $11.08 and a two-hundred day simple moving average of $8.96. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79. The stock has a market capitalization of $2.21 billion, a PE ratio of -5.79 and a beta of 1.75. ams-OSRAM has a 12 month low of $4.19 and a 12 month high of $15.10.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate 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 firm had revenue of $935.84 million for the quarter, compared to the consensus estimate of $931.43 million. As a group, sell-side analysts forecast that ams-OSRAM will post -0.07 EPS for the current year.

Wall Street Analyst Weigh In

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

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.