ams-OSRAM AG Unsponsored ADR (AMSSY) Surges 11.3%: Is This an Indication of Further Gains?

ams-OSRAM AG Unsponsored ADR (AMSSY) shares soared 11.3% in the last trading session to close at $7.61. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 15.1% gain over the past four weeks.AMSSY is benefiting from improved profitability driven by the Reestablish-the-Base program, new product innovations, and strong design wins in automotive and semiconductor markets.This company is expected to post quarterly earnings of $0.27 per ...