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

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped down before the market opened on Wednesday . The stock had previously closed at $12.1050, but opened at $11.60. ams-OSRAM shares last traded at $11.60, with a volume of 500 shares traded.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AMSSY shares. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Jefferies Financial Group raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

ams-OSRAM Stock Performance

The firm has a 50-day moving average price of $11.82 and a 200 day moving average price of $7.78. The firm has a market capitalization of $2.32 billion, a PE ratio of -9.75 and a beta of 1.74. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79.

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.