ams-OSRAM AG (OTCMKTS:AMSSY) Short Interest Up 78.6% in September

ams-OSRAM AG (OTCMKTS:AMSSY) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 36,800 shares, an increase of 78.6% from the September 15th total of 20,600 shares. Based on an average daily trading volume, of 50,000 shares, the short-interest ratio is presently 0.7 days.

Analyst Ratings Changes

Separately, UBS Group raised ams-OSRAM from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 24th.

ams-OSRAM Trading Up 16.6 %

ams-OSRAM stock opened at $0.78 on Monday. ams-OSRAM has a 52 week low of $0.43 and a 52 week high of $2.27. The firm has a market capitalization of $1.56 billion, a PE ratio of -1.62 and a beta of 1.21. The business’s 50-day simple moving average is $0.88 and its 200-day simple moving average is $0.74. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.78 and a current ratio of 1.07.

ams-OSRAM (OTCMKTS:AMSSY) last announced its earnings results on Friday, July 26th. The company reported ($0.01) EPS for the quarter. The business had revenue of $881.58 million during the quarter. ams-OSRAM had a negative return on equity of 1.44% and a negative net margin of 25.60%.

ams-OSRAM Company Profile

ams-OSRAM AG designs, manufactures, and sells LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and Asia/Pacific. The company operates in Semiconductors and Lamps & Systems segments. The Semiconductors segment offers semiconductor-based products and solutions, such as high-performance LEDs, lasers, and optical sensors for automotive, consumer, and industrial and medical technology end markets.