ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up before the market opened on Tuesday . The stock had previously closed at $11.81, but opened at $12.78. ams-OSRAM shares last traded at $12.78, with a volume of 100 shares traded.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AMSSY. 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 report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

ams-OSRAM Stock Down 4.2%

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 stock’s 50 day moving average price is $11.88 and its 200-day moving average price is $7.83. The company has a market cap of $2.32 billion, a PE ratio of -9.75 and a beta of 1.74.

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.