ams-OSRAM (OTCMKTS:AMSSY) Trading Down 6.3% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) was down 6.3% during trading on Friday . The company traded as low as $7.50 and last traded at $7.50. Approximately 1,010 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 1,155 shares. The stock had previously closed at $8.00.

Wall Street Analyst Weigh In

A number of research analysts have commented on AMSSY shares. Zacks Research raised shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut shares of ams-OSRAM to a “hold” rating in a research report on Wednesday, February 11th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce”.

ams-OSRAM Price Performance

The stock’s 50-day simple moving average is $5.65 and its 200 day simple moving average is $5.67. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. The company has a market cap of $1.50 billion, a price-to-earnings ratio of -10.56 and a beta of 1.06.

ams-OSRAM (OTCMKTS:AMSSY) last posted its earnings results on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.16. The company had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $870.83 million. ams-OSRAM had a negative net margin of 3.76% and a positive return on equity of 6.11%. On average, equities research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.35 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.