ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – Here’s What Happened

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $11.9850, but opened at $11.60. ams-OSRAM shares last traded at $11.60, with a volume of 410 shares changing hands.

Analyst Upgrades and Downgrades

AMSSY has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. One investment 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 data from MarketBeat, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on AMSSY

ams-OSRAM Price Performance

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 stock has a market cap of $2.32 billion, a PE ratio of -6.07 and a beta of 1.75. The stock’s 50-day moving average is $11.02 and its two-hundred day moving average is $8.63.

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) last announced its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. The firm had revenue of $935.84 million during the quarter, compared to analysts’ expectations of $931.43 million. On average, equities analysts predict that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current year.

About ams-OSRAM

(Get Free Report)

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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