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 Thursday . The stock had previously closed at $11.3610, but opened at $10.80. ams-OSRAM shares last traded at $10.80, with a volume of 161 shares.

Wall Street Analysts Forecast Growth

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

ams-OSRAM Trading Down 1.8%

The company has a market cap of $2.16 billion, a price-to-earnings ratio of -5.65 and a beta of 1.75. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79. The business’s 50 day moving average price is $11.10 and its 200-day moving average price is $8.81.

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

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.