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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price 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.

Analysts Set New Price Targets

A number of brokerages have issued reports on AMSSY. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday. Zacks Research raised 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 report on Sunday. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

ams-OSRAM Price 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 stock has a market capitalization of $2.30 billion, a P/E ratio of -9.66 and a beta of 1.52. The firm has a 50-day moving average price of $6.43 and a 200 day moving average price of $5.75.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, beating the consensus estimate 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 0.76% and a negative net margin of 6.18%. On average, analysts expect that ams-OSRAM AG Unsponsored ADR will post -0.35 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.