ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – What’s Next?

by · The Markets Daily

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $11.3610, but opened at $10.80. ams-OSRAM shares last traded at $10.80, with a volume of 161 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on AMSSY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Jefferies Financial Group raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Get Our Latest Analysis on ams-OSRAM

ams-OSRAM Stock Performance

The firm has a fifty day simple moving average of $11.10 and a 200-day simple moving average of $8.81. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of -5.65 and a beta of 1.75.

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

ams-OSRAM Company Profile

(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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