ams-OSRAM (OTCMKTS:AMSSY) Hits New 1-Year High – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price hit a new 52-week high during trading on Monday . The company traded as high as $12.58 and last traded at $12.58, with a volume of 200 shares changing hands. The stock had previously closed at $9.25.

Analyst Ratings Changes

AMSSY has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday. Finally, Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, ams-OSRAM presently has a consensus rating of “Hold”.

ams-OSRAM Stock Down 6.2%

The company has a market capitalization of $2.36 billion, a PE ratio of -9.94 and a beta of 1.52. The firm’s 50-day simple moving average is $6.43 and its 200 day simple moving average is $5.75. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.11 and a current ratio of 1.47.

ams-OSRAM (OTCMKTS:AMSSY) last issued its earnings results on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.04 by $0.16. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $870.83 million. ams-OSRAM had a negative net margin of 6.18% and a positive return on equity of 0.76%. As a group, equities research analysts forecast that ams-OSRAM AG Unsponsored ADR will post -0.35 earnings per share for the current 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.