ams-OSRAM (OTCMKTS:AMSSY) Shares Down 9.7% – What’s Next?

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares fell 9.7% during trading on Thursday . The stock traded as low as $10.9750 and last traded at $10.9750. 100 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 4,125 shares. The stock had previously closed at $12.15.

Analysts Set New Price Targets

Several brokerages have recently commented on AMSSY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. 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 company presently has an average rating of “Hold”.

ams-OSRAM Trading Down 0.7%

The firm has a market cap of $2.31 billion, a P/E ratio of -9.71 and a beta of 1.72. The company has a debt-to-equity ratio of 2.79, a quick ratio of 1.02 and a current ratio of 1.40. The firm has a fifty day moving average of $10.10 and a 200-day moving average of $6.87.

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.