Osram Licht (OTCMKTS:OSAGF) Sets New 1-Year Low – What’s Next?

Osram Licht AG (OTCMKTS:OSAGF)’s share price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as $59.94 and last traded at $59.94, with a volume of 158 shares changing hands. The stock had previously closed at $59.94.

Osram Licht Price Performance

The company has a 50 day moving average price of $62.23 and a 200 day moving average price of $61.88. The firm has a market cap of $59.85 billion, a PE ratio of -15.69 and a beta of 0.17. The company has a current ratio of 1.31, a quick ratio of 0.90 and a debt-to-equity ratio of 3.10.

Osram Licht (OTCMKTS:OSAGF) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.65) earnings per share for the quarter, missing the consensus estimate of $0.19 by ($0.84). The firm had revenue of $935.84 million during the quarter, compared to analysts’ expectations of $1.22 billion. Osram Licht had a negative net margin of 9.77% and a negative return on equity of 7.58%.

About Osram Licht

Osram Licht AG was a German lighting technology company headquartered in Munich. The company developed and manufactured lighting products and systems for consumer, automotive, and professional applications, including lamps, light-emitting diodes (LEDs), optical components, and lighting solutions.

Its products served areas such as general illumination, automotive lighting, specialty lighting, digital systems, and horticultural applications. Osram supplied products to customers in global markets, including Europe, North America, and Asia, through a combination of manufacturing, sales, and distribution operations.

Osram Licht was formed as an independent company following its separation from Siemens in 2013.