ams-OSRAM (OTCMKTS:AMSSY) Shares Down 9.4% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares fell 9.4% during mid-day trading on Friday . The company traded as low as $5.1625 and last traded at $5.1625. 731 shares were traded during trading, an increase of 88% from the average session volume of 389 shares. The stock had previously closed at $5.70.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on AMSSY shares. Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft downgraded shares of ams-OSRAM to a “hold” rating in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group cut shares of ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Three investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce”.

ams-OSRAM Trading Down 9.4%

The firm has a market capitalization of $1.03 billion, a price-to-earnings ratio of -7.27 and a beta of 1.04. The business’s fifty day moving average is $5.13 and its 200 day moving average is $5.94. The company has a quick ratio of 0.86, a current ratio of 1.23 and a debt-to-equity ratio of 2.50.

ams-OSRAM (OTCMKTS:AMSSY) last released its earnings results on Tuesday, February 10th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.16. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $870.83 million. ams-OSRAM had a positive return on equity of 6.02% and a negative net margin of 3.76%. Equities analysts predict that ams-OSRAM AG Unsponsored ADR will post 0.67 earnings per share for the current 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.