ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares gapped up before the market opened on Tuesday. The stock had previously closed at $8.81, but opened at $9.5450. ams-OSRAM shares last traded at $9.5450, with a volume of 162 shares changing hands.

ams-OSRAM Stock Performance

The company has a current ratio of 1.31, a quick ratio of 0.90 and a debt-to-equity ratio of 3.10. The company has a market capitalization of $2.03 billion, a PE ratio of -5.33 and a beta of 1.79. The firm’s 50-day simple moving average is $11.63 and its 200-day simple moving average is $9.51.

ams-OSRAM Company Profile

ams-OSRAM AG develops and supplies optical and sensor technologies for customers in automotive, industrial, medical and consumer markets. Its products include LEDs and other light sources, optical sensors, emitters and related components used in applications such as vehicle lighting, displays, smart devices and health technology. The company combines ams, an Austrian semiconductor business, with OSRAM, a lighting company with a long history. ams completed its acquisition of OSRAM in 2020, bringing sensing and semiconductor expertise together with lighting technologies. ams-OSRAM serves customers internationally and has operations across multiple regions.