ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY – Get Free Report)’s stock price fell 9.1% during mid-day trading on Tuesday . The company traded as low as $11.08 and last traded at $11.08. Approximately 1,617 shares traded hands during trading, a decline of 73% from the average daily volume of 5,942 shares. The stock had previously closed at $12.19.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on AMSSY shares. Jefferies Financial Group upgraded ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reaffirmed 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, ams-OSRAM presently has an average rating of “Hold”.
Get Our Latest Stock Analysis on AMSSY
ams-OSRAM Trading Down 6.8%
ams-OSRAM (OTCMKTS:AMSSY – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The business had revenue of $935.84 million during the quarter, compared to analyst estimates of $931.43 million. ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.17%. Research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 EPS for the current year.
About ams-OSRAM
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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