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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares saw strong trading volume on Monday . 30,601 shares traded hands during trading, an increase of 418% from the previous session’s volume of 5,912 shares.The stock last traded at $10.25 and had previously closed at $10.7380.

Analysts Set New Price Targets

AMSSY has been the topic of a number of recent analyst reports. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a 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 equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold”.

ams-OSRAM Price Performance

The company has a 50 day moving average price of $11.14 and a 200 day moving average price of $8.89. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of -5.37 and a beta of 1.75. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79.

ams-OSRAM (OTCMKTS:AMSSY) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The firm had revenue of $935.84 million for the quarter, compared to analyst estimates of $931.43 million. ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. As a group, equities research analysts forecast 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.