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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares gapped down before the market opened on Friday . The stock had previously closed at $13.18, but opened at $11.56. ams-OSRAM shares last traded at $11.35, with a volume of 3,188 shares changing hands.

Analyst Upgrades and Downgrades

AMSSY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. Jefferies Financial Group raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Finally, Zacks Research raised shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

ams-OSRAM Stock Performance

The company has a market cap of $2.20 billion, a P/E ratio of -9.24 and a beta of 1.72. The company has a quick ratio of 1.11, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The business has a fifty day simple moving average of $9.04 and a two-hundred day simple moving average of $6.50.

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.