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

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped down prior to trading on Tuesday . The stock had previously closed at $5.03, but opened at $4.51. ams-OSRAM shares last traded at $4.51, with a volume of 200 shares trading hands.

Analyst Upgrades and Downgrades

AMSSY has been the subject of several recent research reports. Barclays restated a “cautious” rating on shares of ams-OSRAM in a research report on Tuesday, September 16th. Jefferies Financial Group cut shares of ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce”.

ams-OSRAM Stock Down 10.3%

The stock has a market cap of $900.60 million, a P/E ratio of -5.01 and a beta of 0.97. The company has a current ratio of 1.04, a quick ratio of 0.62 and a debt-to-equity ratio of 2.03. The stock’s 50-day moving average is $6.13 and its 200-day moving average is $6.28.

ams-OSRAM (OTCMKTS:AMSSY) last issued its quarterly earnings results on Tuesday, November 18th. The company reported $0.16 earnings per share for the quarter. ams-OSRAM had a negative net margin of 4.86% and a positive return on equity of 2.56%. The company had revenue of $997.09 million during the quarter, compared to analyst estimates of $963.90 million. As a group, research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post 0.67 earnings per share for the current fiscal year.

ams-OSRAM Company Profile

ams-OSRAM AG designs, manufactures, and sells LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and Asia/Pacific. The company operates in Semiconductors and Lamps & Systems segments. The Semiconductors segment offers semiconductor-based products and solutions, such as high-performance LEDs, lasers, and optical sensors for automotive, consumer, and industrial and medical technology end markets.