Shares of ams-OSRAM AG (OTCMKTS:AUKUF – Get Free Report) dropped 36.8% during mid-day trading on Thursday. The stock traded as low as $18.45 and last traded at $18.45. 103 shares were traded during trading, a decline of 94% from the average daily volume of 1,677 shares. The stock had previously closed at $29.1750.
ams-OSRAM Stock Down 36.8%
The business’s fifty day moving average is $23.71 and its 200 day moving average is $18.32.
About ams-OSRAM
ams-OSRAM AG is a global semiconductor and optical solutions company headquartered in Premstaetten, Austria. The company develops and manufactures optical components, light-emitting diodes, laser emitters, optical sensors and related semiconductor technologies.
Its products are used in automotive lighting and sensing, consumer electronics, industrial applications, medical and healthcare equipment, and other specialized markets. The portfolio includes automotive lighting systems, LEDs and laser-based illumination, image and environmental sensors, and optical components for applications such as driver assistance, display technology and industrial automation.
The company combines the heritage of Austria-based ams, founded in 1981 as a semiconductor developer, with that of OSRAM, the German lighting business that became independent from Siemens in 2013.
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