ams-OSRAM (OTCMKTS:AMSSY) Shares Up 6% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price shot up 6% during trading on Tuesday . The stock traded as high as $10.60 and last traded at $10.60. 10,392 shares traded hands during trading, an increase of 153% from the average session volume of 4,112 shares. The stock had previously closed at $10.00.

Analyst Ratings Changes

Several research firms have recently commented on AMSSY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. Finally, Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

ams-OSRAM Price Performance

The stock has a market capitalization of $1.97 billion, a P/E ratio of -8.31 and a beta of 1.72. The stock’s fifty day moving average is $9.48 and its 200-day moving average is $6.64. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02.

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.