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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped down before the market opened on Thursday . The stock had previously closed at $5.83, but opened at $5.1550. ams-OSRAM shares last traded at $5.1550, with a volume of 1,000 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on AMSSY shares. Zacks Research downgraded ams-OSRAM from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Jefferies Financial Group cut ams-OSRAM from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. One investment analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, ams-OSRAM has a consensus rating of “Sell”.

ams-OSRAM Price Performance

The stock has a market cap of $1.03 billion, a price-to-earnings ratio of -5.73 and a beta of 0.99. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.86 and a current ratio of 1.23. The firm’s 50-day simple moving average is $5.06 and its two-hundred day simple moving average is $6.27.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings data on Tuesday, November 18th. The company reported $0.16 earnings per share for the quarter. The firm had revenue of $997.09 million during the quarter, compared to analysts’ expectations of $963.90 million. ams-OSRAM had a negative net margin of 4.86% and a positive return on equity of 2.61%. On average, sell-side analysts expect that ams-OSRAM AG Unsponsored ADR will post 0.67 EPS for the current fiscal year.

ams-OSRAM Company Profile

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.