DZ Bank Reaffirms “Sell” Rating for Osram Licht (OTCMKTS:OSAGF)

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DZ Bank restated their sell rating on shares of Osram Licht (OTCMKTS:OSAGF) in a research note published on Friday morning, Borsen Zeitung reports.

Separately, ValuEngine lowered shares of Osram Licht from a buy rating to a hold rating in a report on Friday, September 27th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. The stock presently has an average rating of Hold.

Shares of OTCMKTS:OSAGF opened at $43.84 on Friday. The firm’s 50 day moving average price is $43.86 and its 200-day moving average price is $38.69. The stock has a market capitalization of $4.59 billion, a PE ratio of 14.66 and a beta of 0.77. Osram Licht has a twelve month low of $29.00 and a twelve month high of $47.01. The company has a quick ratio of 0.66, a current ratio of 1.13 and a debt-to-equity ratio of 0.06.

Osram Licht Company Profile

OSRAM Licht AG provides various lighting products and solutions worldwide. It operates through three segments: Opto Semiconductors, Specialty Lighting, and Lighting Solutions & Systems. The company manufactures light-emitting diodes (LEDs) that are used in general lighting, automotive, consumer, and industrial applications, as well as infrared, laser, and optical sensors for the automotive, smartphone, wearable, general lighting, industrial lighting, and projection sectors, as well as lighting for plants.

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