ams-OSRAM (OTCMKTS:AMSSY) Trading Down 9.1% – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price was down 9.1% during mid-day trading on Wednesday . The company traded as low as $9.55 and last traded at $10.75. Approximately 560 shares changed hands during trading, a decline of 67% from the average daily volume of 1,717 shares. The stock had previously closed at $11.83.

Analyst Upgrades and Downgrades

Several research firms have commented on AMSSY. Zacks Research upgraded ams-OSRAM from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a research report on Tuesday. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

ams-OSRAM Price Performance

The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of -9.85 and a beta of 1.52. The company’s 50 day moving average is $6.69 and its 200-day moving average is $5.81.

ams-OSRAM (OTCMKTS:AMSSY) last issued its quarterly earnings data on Tuesday, February 10th. The company reported $0.20 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.16. ams-OSRAM had a negative net margin of 6.18% and a positive return on equity of 0.76%. The company had revenue of $1.02 billion for the quarter, compared to analyst estimates of $870.83 million. Equities research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.22 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.