ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – What’s Next?
by Renee Jackson · The Cerbat Gemams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $8.00, but opened at $7.46. ams-OSRAM shares last traded at $7.46, with a volume of 1,000 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft cut ams-OSRAM to a “hold” rating in a research report on Wednesday, February 11th. Zacks Research raised ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Three equities research 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, the company has an average rating of “Reduce”.
Read Our Latest Research Report on AMSSY
ams-OSRAM Stock Performance
The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.11 and a current ratio of 1.47. The company has a market capitalization of $1.49 billion, a P/E ratio of -10.51 and a beta of 1.06. The business has a 50 day moving average of $5.60 and a 200-day moving average of $5.65.
ams-OSRAM (OTCMKTS:AMSSY – Get Free Report) last released its quarterly earnings data on Tuesday, February 10th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.16. ams-OSRAM had a positive return on equity of 6.11% and a negative net margin of 3.76%.The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $870.83 million. On average, sell-side analysts predict 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.