ams-OSRAM (OTCMKTS:AMSSY) Shares Up 17.9% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shot up 17.9% during mid-day trading on Tuesday . The company traded as high as $12.4375 and last traded at $12.4375. 110 shares were traded during trading, a decline of 97% from the average session volume of 4,170 shares. The stock had previously closed at $10.5450.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports 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 raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, ams-OSRAM has an average rating of “Hold”.

ams-OSRAM Price Performance

The stock’s 50-day moving average is $9.82 and its 200 day moving average is $6.77. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02. The company has a market cap of $2.40 billion, a PE ratio of -10.08 and a beta of 1.71.

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.