ams-OSRAM (OTCMKTS:AMSSY) Upgraded at Zacks Research

Zacks Research upgraded shares of ams-OSRAM (OTCMKTS:AMSSY) from a strong sell rating to a hold rating in a report released on Wednesday morning,Zacks.com reports.

Other analysts have also issued research reports about the stock. Jefferies Financial Group lowered shares of ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Deutsche Bank Aktiengesellschaft lowered ams-OSRAM to a “hold” rating in a research note on Wednesday. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, ams-OSRAM currently has a consensus rating of “Reduce”.

ams-OSRAM Stock Performance

ams-OSRAM stock opened at $5.19 on Wednesday. The stock has a 50-day moving average price of $5.06 and a 200 day moving average price of $5.97. ams-OSRAM has a 52 week low of $3.18 and a 52 week high of $8.00. The stock has a market cap of $1.04 billion, a PE ratio of -7.31 and a beta of 1.04. 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 (OTCMKTS:AMSSY) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.20 earnings per share (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 analysts’ expectations of $870.83 million. ams-OSRAM had a negative net margin of 3.76% and a positive return on equity of 6.02%. Equities research analysts predict that ams-OSRAM will post 0.67 earnings per share for the current fiscal 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.