ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Still a Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up before the market opened on Monday . The stock had previously closed at $7.76, but opened at $8.3035. ams-OSRAM shares last traded at $7.53, with a volume of 205 shares.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on AMSSY shares. Zacks Research raised shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft downgraded shares of ams-OSRAM to a “hold” rating in a research note on Wednesday, February 11th. Three analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Reduce”.

ams-OSRAM Stock Up 2.3%

The firm has a 50-day moving average of $5.85 and a two-hundred day moving average of $5.64. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. The company has a market capitalization of $1.50 billion, a PE ratio of -10.61 and a beta of 1.52.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.04 by $0.16. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $870.83 million. ams-OSRAM had a positive return on equity of 6.11% and a negative net margin of 3.76%. Equities research analysts predict that ams-OSRAM AG Unsponsored ADR will post -0.35 earnings per share 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.