ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Up – What’s Next?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $10.48, but opened at $11.98. ams-OSRAM shares last traded at $11.7750, with a volume of 26,466 shares.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on AMSSY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. One equities research 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. Based on data from MarketBeat, the company currently has an average rating of “Hold”.

ams-OSRAM Price Performance

The firm’s 50 day simple moving average is $11.22 and its 200 day simple moving average is $7.42. The company has a market cap of $2.35 billion, a price-to-earnings ratio of -9.91 and a beta of 1.74. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79.

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.