ams-OSRAM (OTCMKTS:AMSSY) Shares Down 9.7% – What’s Next?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) was down 9.7% during mid-day trading on Thursday . The stock traded as low as $10.9750 and last traded at $10.9750. Approximately 100 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 4,125 shares. The stock had previously closed at $12.15.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AMSSY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, ams-OSRAM has an average rating of “Hold”.

ams-OSRAM Stock Down 0.7%

The firm has a 50 day simple moving average of $10.10 and a two-hundred day simple moving average of $6.87. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.02 and a current ratio of 1.40. The stock has a market cap of $2.31 billion, a P/E ratio of -9.71 and a beta of 1.72.

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.