ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – Time to Sell?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $12.15, but opened at $10.00. ams-OSRAM shares last traded at $10.00, with a volume of 2,277 shares.

Analyst Ratings Changes

Several research firms have recently issued reports on AMSSY. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One investment analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ams-OSRAM has a consensus rating of “Hold”.

ams-OSRAM Stock Performance

The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02. The stock has a market capitalization of $2.31 billion, a P/E ratio of -9.71 and a beta of 1.72. The company has a 50 day simple moving average of $10.24 and a 200-day simple moving average of $6.91.

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.