ams-OSRAM (OTCMKTS:AMSSY) Stock Breaks Below Two Hundred Day Moving Average Following Weak Earnings

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price passed below its 200-day moving average during trading on Friday following a dissappointing earnings announcement. The stock has a 200-day moving average of $9.56 and traded as low as $8.93. ams-OSRAM shares last traded at $9.05, with a volume of 2,166 shares.

The company reported ($0.34) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.28). ams-OSRAM had a negative return on equity of 7.58% and a negative net margin of 9.74%.

ams-OSRAM Trading Down 8.4%

The company has a current ratio of 1.31, a quick ratio of 0.90 and a debt-to-equity ratio of 3.10. The stock has a 50 day simple moving average of $11.59 and a 200-day simple moving average of $9.56. The firm has a market cap of $1.81 billion, a P/E ratio of -4.74 and a beta of 1.79.

About ams-OSRAM

ams-OSRAM AG develops and supplies optical and sensor technologies for customers in automotive, industrial, medical and consumer markets. Its products include LEDs and other light sources, optical sensors, emitters and related components used in applications such as vehicle lighting, displays, smart devices and health technology. The company combines ams, an Austrian semiconductor business, with OSRAM, a lighting company with a long history. ams completed its acquisition of OSRAM in 2020, bringing sensing and semiconductor expertise together with lighting technologies. ams-OSRAM serves customers internationally and has operations across multiple regions.