ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – Here’s Why
by Renee Jackson · The Cerbat Gemams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $6.69, but opened at $6.3828. ams-OSRAM shares last traded at $6.3828, with a volume of 525 shares trading hands.
Wall Street Analysts Forecast Growth
AMSSY has been the topic of several research reports. Zacks Research upgraded ams-OSRAM from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft lowered ams-OSRAM to a “hold” rating in a report on Wednesday, February 11th. Three analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, ams-OSRAM presently has an average rating of “Reduce”.
Check Out Our Latest Research Report on AMSSY
ams-OSRAM Stock Up 4.8%
The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64. The business’s fifty day moving average price is $5.33 and its 200 day moving average price is $5.63. The company has a market capitalization of $1.34 billion, a P/E ratio of -9.42 and a beta of 1.06.
ams-OSRAM (OTCMKTS:AMSSY – Get Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $0.20 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.16. The business 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%. As a group, equities research analysts predict that ams-OSRAM AG Unsponsored ADR will post 0.67 earnings per share 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.