ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Sees Large Decline in Short Interest

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) saw a large decline in short interest in December. As of December 15th, there was short interest totaling 1,602 shares, a decline of 38.4% from the November 30th total of 2,601 shares. Based on an average daily volume of 1,144 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,144 shares, the days-to-cover ratio is presently 1.4 days.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on AMSSY shares. Barclays reissued a “cautious” rating on shares of ams-OSRAM in a report on Tuesday, September 16th. Jefferies Financial Group cut ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce”.

ams-OSRAM Stock Performance

ams-OSRAM stock opened at $5.13 on Friday. The stock has a fifty day moving average price of $5.64 and a 200 day moving average price of $6.27. The company has a current ratio of 1.23, a quick ratio of 0.86 and a debt-to-equity ratio of 2.50. ams-OSRAM has a 52 week low of $3.01 and a 52 week high of $8.00. The firm has a market capitalization of $1.02 billion, a P/E ratio of -5.70 and a beta of 0.97.

ams-OSRAM (OTCMKTS:AMSSY) last issued its earnings results on Tuesday, November 18th. The company reported $0.16 earnings per share for the quarter. The firm had revenue of $997.09 million for the quarter, compared to analysts’ expectations of $963.90 million. ams-OSRAM had a positive return on equity of 2.61% and a negative net margin of 4.86%. Equities research analysts anticipate that ams-OSRAM will post 0.67 earnings per share for the current year.

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.