ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – What’s Next?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price gapped down prior to trading on Thursday . The stock had previously closed at $10.99, but opened at $9.60. ams-OSRAM shares last traded at $9.6050, with a volume of 1,200 shares.

Analysts Set New Price Targets

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

ams-OSRAM Stock Performance

The firm’s 50 day moving average price is $9.48 and its 200-day moving average price is $6.64. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of -8.07 and a beta of 1.72. The company has a debt-to-equity ratio of 2.79, a current ratio of 1.40 and a quick ratio of 1.02.

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.