ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Time to Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped up before the market opened on Monday . The stock had previously closed at $11.60, but opened at $12.0950. ams-OSRAM shares last traded at $12.14, with a volume of 1,669 shares changing hands.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. One 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’s stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

ams-OSRAM Stock Performance

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 company has a market cap of $2.27 billion, a PE ratio of -5.95 and a beta of 1.75. The company’s 50 day moving average price is $11.07 and its 200-day moving average price is $8.77.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.26). ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. The firm had revenue of $935.84 million during the quarter, compared to analysts’ expectations of $931.43 million. Equities research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current fiscal year.

About ams-OSRAM

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.