ams-OSRAM (OTCMKTS:AMSSY) Trading Down 17.4% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) shares were down 17.4% during trading on Monday . The company traded as low as $10.8850 and last traded at $10.8850. Approximately 531 shares traded hands during trading, a decline of 87% from the average daily volume of 4,012 shares. The stock had previously closed at $13.18.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on AMSSY. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Finally, Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold”.

Read Our Latest Stock Report on ams-OSRAM

ams-OSRAM Stock Performance

The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02. The firm has a fifty day simple moving average of $9.13 and a 200 day simple moving average of $6.52. The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of -9.90 and a beta of 1.72.

About ams-OSRAM

(Get Free Report)

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.

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