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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $9.84, but opened at $10.42. ams-OSRAM shares last traded at $10.45, with a volume of 382 shares traded.

ams-OSRAM Stock Performance

The business’s 50 day simple moving average is $10.85 and its two-hundred day simple moving average is $9.62. The firm has a market capitalization of $2.09 billion, a PE ratio of -5.47 and a beta of 1.75. The company has a current ratio of 1.31, a quick ratio of 0.90 and a debt-to-equity ratio of 3.10.

ams-OSRAM (OTCMKTS:AMSSY) last announced its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.26). ams-OSRAM had a negative return on equity of 7.58% and a negative net margin of 9.74%.The firm had revenue of $935.84 million during the quarter, compared to analysts’ expectations of $931.43 million. Research analysts expect that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current fiscal year.

ams-OSRAM Company Profile

ams-OSRAM AG is a global provider of optical solutions serving the automotive, industrial, medical and consumer electronics markets. The company develops and manufactures light-emitting diodes, infrared and laser technologies, optical sensors and related semiconductor components.

Its products are used in applications such as vehicle lighting and sensing, projection, smartphones and other consumer devices, industrial automation, healthcare equipment, horticultural lighting and specialty illumination.