ams-OSRAM (OTCMKTS:AMSSY) Trading Down 17.4% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price fell 17.4% during trading on Monday . The company traded as low as $10.8850 and last traded at $10.8850. 531 shares were traded during trading, a decline of 87% from the average session volume of 4,012 shares. The stock had previously closed at $13.18.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on AMSSY shares. Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. Finally, Jefferies Financial Group raised 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 issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

ams-OSRAM Trading Up 17.8%

The company has a market capitalization of $2.35 billion, a price-to-earnings ratio of -9.90 and a beta of 1.72. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79. The company’s 50 day simple moving average is $9.13 and its two-hundred day simple moving average is $6.52.

ams-OSRAM Company Profile

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.