ams-OSRAM (OTCMKTS:AMSSY) Stock Price Down 9.1% – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares fell 9.1% during mid-day trading on Wednesday . The stock traded as low as $9.55 and last traded at $10.75. 560 shares changed hands during trading, a decline of 67% from the average session volume of 1,717 shares. The stock had previously closed at $11.83.

Analyst Ratings Changes

Several research firms recently issued reports on AMSSY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday. Zacks Research upgraded ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday. One equities research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, ams-OSRAM currently has an average rating of “Hold”.

ams-OSRAM Stock Down 2.8%

The stock has a 50 day simple moving average of $6.43 and a 200-day simple moving average of $5.75. The company has a debt-to-equity ratio of 2.64, a current ratio of 1.47 and a quick ratio of 1.11. The firm has a market cap of $2.30 billion, a PE ratio of -9.66 and a beta of 1.52.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.16. ams-OSRAM had a positive return on equity of 0.76% and a negative net margin of 6.18%.The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $870.83 million. Sell-side analysts predict that ams-OSRAM AG Unsponsored ADR will post -0.35 EPS for the current fiscal year.

ams-OSRAM Company Profile

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.