ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) Short Interest Update

Key Points

• Short interest plunged 97% to 334 shares as of August 14, down from 10,987 shares on July 30; short interest represents 0.0% of outstanding shares.
• Analyst sentiment remains mixed but centers on a “Hold” consensus: one analyst rates the stock Buy, two rate it Hold, and one rates it Sell. Jefferies upgraded the shares to Buy, while Deutsche Bank reaffirmed Hold.
• ams-OSRAM shares traded at $11.06, while the company’s latest quarterly results showed a wider-than-expected loss of $0.33 per share despite revenue of $935.84 million, slightly above estimates.

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY - Get Free Report) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 334 shares, a decrease of 97.0% from the July 30th total of 10,987 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 9,765 shares, the short-interest ratio is currently 0.0 days.

Analyst Ratings Changes

A number of analysts have recently issued reports on AMSSY shares. 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 assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, ams-OSRAM presently has a consensus rating of "Hold".

ams-OSRAM Price Performance

Shares of OTCMKTS AMSSY traded up $0.81 during mid-day trading on Tuesday, hitting $11.06. 21,338 shares of the stock were exchanged, compared to its average volume of 6,340. ams-OSRAM has a twelve month low of $4.19 and a twelve month high of $15.10. The stock's fifty day simple moving average is $11.08 and its two-hundred day simple moving average is $8.96. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.02 and a current ratio of 1.40. The company has a market cap of $2.21 billion, a P/E ratio of -5.79 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSY - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.26). ams-OSRAM had a negative return on equity of 7.17% and a negative net margin of 9.74%.The business had revenue of $935.84 million during the quarter, compared to analyst estimates of $931.43 million. As a group, analysts forecast that ams-OSRAM will post -0.07 EPS 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.

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