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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped down prior to trading on Thursday . The stock had previously closed at $11.6625, but opened at $11.1680. ams-OSRAM shares last traded at $11.1680, with a volume of 153 shares changing hands.

Wall Street Analysts Forecast Growth

AMSSY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a research report on Tuesday, May 12th. Jefferies Financial Group raised shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, ams-OSRAM currently has an average rating of “Hold”.

ams-OSRAM Price Performance

The company’s fifty day moving average price is $10.88 and its 200 day moving average price is $7.19. The company has a market capitalization of $2.27 billion, a P/E ratio of -9.55 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.

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.