ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares gapped down before the market opened on Tuesday . The stock had previously closed at $12.6115, but opened at $10.8792. ams-OSRAM shares last traded at $10.8792, with a volume of 186 shares.

Analysts Set New Price Targets

A number of research firms have issued reports on AMSSY. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday. Deutsche Bank Aktiengesellschaft cut shares of ams-OSRAM to a “hold” rating in a report on Wednesday, February 11th. Finally, Zacks Research raised ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

ams-OSRAM Trading Down 6.2%

The business’s 50 day moving average price is $6.30 and its 200-day moving average price is $5.72. The company has a market cap of $2.36 billion, a price-to-earnings ratio of -9.94 and a beta of 1.52. The company has a debt-to-equity ratio of 2.64, a quick ratio of 1.11 and a current ratio of 1.47.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings results on Tuesday, February 10th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.16. The firm had revenue of $1.02 billion during the quarter, compared to analyst estimates of $870.83 million. ams-OSRAM had a negative net margin of 6.18% and a positive return on equity of 0.76%. On average, research analysts forecast that ams-OSRAM AG Unsponsored ADR will post -0.35 EPS for the current 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.