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

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $11.9850, but opened at $11.60. ams-OSRAM shares last traded at $11.60, with a volume of 410 shares changing hands.

Analysts Set New Price Targets

Several equities research analysts have commented on AMSSY shares. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Read Our Latest Stock Report on ams-OSRAM

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 firm has a fifty day simple moving average of $11.02 and a 200 day simple moving average of $8.63. The company has a market capitalization of $2.32 billion, a price-to-earnings ratio of -6.07 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The company had revenue of $935.84 million for the quarter, compared to analysts’ expectations of $931.43 million. ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. On average, analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current fiscal year.

ams-OSRAM Company Profile

(Get Free Report)

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.

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