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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $5.5950, but opened at $5.19. ams-OSRAM shares last traded at $5.19, with a volume of 175 shares trading hands.

Analysts Set New Price Targets

AMSSY has been the subject of several research analyst reports. Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday. Deutsche Bank Aktiengesellschaft lowered ams-OSRAM to a “hold” rating in a research report on Wednesday. Finally, Jefferies Financial Group lowered ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Three research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

ams-OSRAM Price Performance

The company’s fifty day moving average price is $5.06 and its 200-day moving average price is $5.97. The stock has a market capitalization of $1.04 billion, a PE ratio of -7.31 and a beta of 1.04. The company has a quick ratio of 0.86, a current ratio of 1.23 and a debt-to-equity ratio of 2.50.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.16. ams-OSRAM had a positive return on equity of 6.02% and a negative net margin of 3.76%.The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $870.83 million. Analysts forecast that ams-OSRAM AG Unsponsored ADR will post 0.67 earnings per share for the current year.

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.