ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $5.5950, but opened at $5.19. ams-OSRAM shares last traded at $5.19, with a volume of 175 shares traded.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AMSSY shares. Jefferies Financial Group cut ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Deutsche Bank Aktiengesellschaft cut shares of ams-OSRAM to a “hold” rating in a research note on Wednesday. Finally, Zacks Research downgraded ams-OSRAM from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 13th. Two equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat, ams-OSRAM currently has a consensus rating of “Reduce”.

ams-OSRAM Stock Down 7.2%

The company has a debt-to-equity ratio of 2.50, a current ratio of 1.23 and a quick ratio of 0.86. The firm’s 50-day moving average price is $5.05 and its 200 day moving average price is $5.99. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of -5.77 and a beta of 1.04.

ams-OSRAM (OTCMKTS:AMSSY) last posted its earnings results 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. The firm had revenue of $1.02 billion for the quarter, compared to analyst estimates of $870.83 million. ams-OSRAM had a positive return on equity of 2.61% and a negative net margin of 4.86%. Sell-side analysts expect that ams-OSRAM AG Unsponsored ADR will post 0.67 EPS for the current 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.