ams-OSRAM (OTCMKTS:AMSSY) Cut to “Strong Sell” at Zacks Research

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other brokerages also recently issued reports on AMSSY. Barclays reaffirmed a “cautious” rating on shares of ams-OSRAM in a research report on Tuesday, September 16th. Jefferies Financial Group cut shares of ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Sell”.

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ams-OSRAM Price Performance

Shares of AMSSY opened at $5.16 on Tuesday. The stock has a market capitalization of $1.03 billion, a price-to-earnings ratio of -5.73 and a beta of 0.99. The stock has a fifty day moving average of $5.09 and a 200-day moving average of $6.29. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.86 and a current ratio of 1.23. ams-OSRAM has a 52 week low of $3.18 and a 52 week high of $8.00.

ams-OSRAM (OTCMKTS:AMSSYGet Free Report) last issued its quarterly earnings results on Tuesday, November 18th. The company reported $0.16 earnings per share for the quarter. The firm had revenue of $997.09 million during the quarter, compared to the consensus estimate of $963.90 million. ams-OSRAM had a positive return on equity of 2.61% and a negative net margin of 4.86%. As a group, sell-side analysts anticipate that ams-OSRAM will post 0.67 earnings per share for the current fiscal year.

ams-OSRAM Company Profile

(Get Free Report)

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.

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