ams-OSRAM (OTCMKTS:AMSSY) Stock Crosses Below Two Hundred Day Moving Average After Earnings Miss

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) crossed below its 200-day moving average during trading on Friday following a weaker than expected earnings announcement. The stock has a 200-day moving average of $9.56 and traded as low as $8.93. ams-OSRAM shares last traded at $9.05, with a volume of 2,166 shares trading hands.

The company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.28). ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.58%.

ams-OSRAM Stock Performance

The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.90 and a current ratio of 1.31. The business’s fifty day simple moving average is $11.59 and its 200-day simple moving average is $9.56. The firm has a market capitalization of $1.81 billion, a PE ratio of -4.74 and a beta of 1.79.

About ams-OSRAM

ams-OSRAM AG develops and supplies optical and sensor technologies for customers in automotive, industrial, medical and consumer markets. Its products include LEDs and other light sources, optical sensors, emitters and related components used in applications such as vehicle lighting, displays, smart devices and health technology. The company combines ams, an Austrian semiconductor business, with OSRAM, a lighting company with a long history. ams completed its acquisition of OSRAM in 2020, bringing sensing and semiconductor expertise together with lighting technologies. ams-OSRAM serves customers internationally and has operations across multiple regions.