ams-OSRAM (OTCMKTS:AMSSY) Rating Lowered to “Strong Sell” at Zacks Research

ams-OSRAM (OTCMKTS:AMSSY) was downgraded by Zacks Research from a “hold” rating to a “strong sell” rating in a note issued to investors on Tuesday,Zacks.com reports.

Several other brokerages have also commented on AMSSY. Barclays restated a “cautious” rating on shares of ams-OSRAM in a research note on Tuesday, September 16th. Jefferies Financial Group downgraded shares of ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. One investment analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

ams-OSRAM Stock Performance

Shares of OTCMKTS:AMSSY opened at $5.16 on Tuesday. The company has a current ratio of 1.23, a quick ratio of 0.86 and a debt-to-equity ratio of 2.50. The firm has a market cap of $1.03 billion, a P/E ratio of -5.73 and a beta of 0.99. The company has a 50 day moving average of $5.09 and a 200-day moving average of $6.29. ams-OSRAM has a twelve month low of $3.18 and a twelve month high of $8.00.

ams-OSRAM (OTCMKTS:AMSSY) last released its earnings results on Tuesday, November 18th. The company reported $0.16 EPS for the quarter. The business had revenue of $997.09 million during the quarter, compared to analyst estimates of $963.90 million. ams-OSRAM had a negative net margin of 4.86% and a positive return on equity of 2.61%. As a group, analysts anticipate that ams-OSRAM will post 0.67 earnings per share for the current fiscal 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.