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

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped down before the market opened on Tuesday. The stock had previously closed at $12.80, but opened at $11.9620. ams-OSRAM shares last traded at $12.16, with a volume of 2,614 shares trading hands.

ams-OSRAM Stock Up 1.0%

The business’s 50 day moving average is $11.81 and its 200 day moving average is $10.58. The company has a quick ratio of 0.90, a current ratio of 1.31 and a debt-to-equity ratio of 3.10. The company has a market cap of $2.43 billion, a P/E ratio of -6.37 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSY) last announced its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.26). ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.58%. The company had revenue of $935.84 million for the quarter, compared to the consensus estimate of $931.43 million. As a group, equities analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current fiscal year.

ams-OSRAM Company Profile

ams-OSRAM AG is a global provider of optical solutions, combining semiconductor technologies with illumination and sensing products. The company develops and manufactures light-emitting diodes, laser emitters, optical sensors, detectors, and related components used in automotive, industrial, medical, consumer, and other specialized applications.

Its products support functions such as vehicle lighting and displays, environmental and biometric sensing, machine vision, horticultural lighting, professional illumination, and imaging.