ams-OSRAM (OTCMKTS:AMSSY) Trading Down 11.1% – Time to Sell?

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) fell 11.1% during trading on Wednesday . The company traded as low as $10.7012 and last traded at $10.7012. Approximately 2,732 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 4,102 shares. The stock had previously closed at $12.0336.

Analyst Upgrades and Downgrades

AMSSY has been the topic of a number of research reports. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of ams-OSRAM in a research note on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

ams-OSRAM Trading Down 7.8%

The firm’s 50-day simple moving average is $10.59 and its 200 day simple moving average is $7.07. The stock has a market cap of $2.14 billion, a P/E ratio of -8.99 and a beta of 1.72. The company has a current ratio of 1.40, a quick ratio of 1.02 and a debt-to-equity ratio of 2.79.

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.