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

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped down before the market opened on Wednesday. The stock had previously closed at $15.07, but opened at $14.16. ams-OSRAM shares last traded at $14.5450, with a volume of 1,350 shares traded.

ams-OSRAM Price Performance

The company has a quick ratio of 0.90, a current ratio of 1.31 and a debt-to-equity ratio of 3.10. The firm has a market cap of $2.73 billion, a PE ratio of -7.16 and a beta of 1.75. The stock has a 50 day moving average price of $11.72 and a two-hundred day moving average price of $10.48.

ams-OSRAM (OTCMKTS:AMSSY) last released its earnings results on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). ams-OSRAM had a negative return on equity of 7.58% and a negative net margin of 9.74%.The company had revenue of $935.84 million during the quarter, compared to analyst estimates of $931.43 million. As a group, equities analysts expect that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share for the current year.

About ams-OSRAM

ams-OSRAM AG is a global provider of optical solutions, combining semiconductor technologies with illumination and sensing products. The company develops and manufactures light-emitting diodes, laser emitters, optical sensors, detectors, and related components used in automotive, industrial, medical, consumer, and other specialized applications.

Its products support functions such as vehicle lighting and displays, environmental and biometric sensing, machine vision, horticultural lighting, professional illumination, and imaging.