ams-OSRAM (OTCMKTS:AMSSY) Shares Down 9.4% – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) dropped 9.4% during trading on Friday . The company traded as low as $5.1625 and last traded at $5.1625. Approximately 731 shares traded hands during trading, an increase of 88% from the average daily volume of 389 shares. The stock had previously closed at $5.70.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AMSSY. Deutsche Bank Aktiengesellschaft lowered ams-OSRAM to a “hold” rating in a research note on Wednesday, February 11th. Jefferies Financial Group downgraded shares of ams-OSRAM from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Finally, Zacks Research upgraded shares of ams-OSRAM from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 11th. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce”.

ams-OSRAM Stock Performance

The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.86 and a current ratio of 1.23. The company has a market cap of $1.03 billion, a price-to-earnings ratio of -7.27 and a beta of 1.04. The firm’s 50-day moving average price is $5.13 and its 200 day moving average price is $5.94.

ams-OSRAM (OTCMKTS:AMSSY) last announced its quarterly earnings data on Tuesday, February 10th. The company reported $0.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.16. ams-OSRAM had a negative net margin of 3.76% and a positive return on equity of 6.02%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $870.83 million. On average, sell-side analysts anticipate that ams-OSRAM AG Unsponsored ADR will post 0.67 EPS for the current year.

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.