ams-OSRAM (OTCMKTS:AMSSY) Stock Price Down 5.7% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price was down 5.7% during mid-day trading on Tuesday . The stock traded as low as $10.71 and last traded at $10.71. 106 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 4,071 shares. The stock had previously closed at $11.36.

Analyst Ratings Changes

AMSSY has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

ams-OSRAM Trading Up 9.4%

The business has a 50 day simple moving average of $11.06 and a 200-day simple moving average of $7.34. The stock has a market capitalization of $2.30 billion, a price-to-earnings ratio of -9.66 and a beta of 1.72. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02.

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.