ams-OSRAM (OTCMKTS:AMSSY) Shares Up 10.3% – Time to Buy?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) rose 10.3% on Wednesday . The company traded as high as $11.47 and last traded at $11.47. 500 shares changed hands during trading, a decline of 92% from the average session volume of 6,199 shares. The stock had previously closed at $10.40.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on AMSSY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One research 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. Based on data from MarketBeat.com, the company has a consensus rating of “Hold”.

ams-OSRAM Trading Up 4.9%

The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of -6.00 and a beta of 1.75. The firm’s 50-day moving average is $11.16 and its 200 day moving average is $8.40.

ams-OSRAM (OTCMKTS:AMSSY) last announced 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). ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. The business had revenue of $935.84 million during the quarter, compared to analyst estimates of $930.94 million. On average, equities analysts predict that ams-OSRAM AG Unsponsored ADR will post 0.1 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.