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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) shares gapped down before the market opened on Wednesday. The stock had previously closed at $13.62, but opened at $12.93. ams-OSRAM shares last traded at $13.00, with a volume of 1,175 shares.

ams-OSRAM Price Performance

The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of -6.81 and a beta of 1.75. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.90 and a current ratio of 1.31. The company has a 50 day moving average of $11.12 and a 200 day moving average of $10.03.

ams-OSRAM (OTCMKTS:AMSSY) last issued its earnings results on Tuesday, August 4th. The company reported ($0.33) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). ams-OSRAM had a negative return on equity of 7.58% and a negative net margin of 9.74%.The firm had revenue of $935.84 million for the quarter, compared to analyst estimates of $931.43 million. As a group, equities research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 EPS for the current year.

ams-OSRAM Company Profile

ams-OSRAM AG is a global provider of optical solutions serving the automotive, industrial, medical and consumer electronics markets. The company develops and manufactures light-emitting diodes, infrared and laser technologies, optical sensors and related semiconductor components.

Its products are used in applications such as vehicle lighting and sensing, projection, smartphones and other consumer devices, industrial automation, healthcare equipment, horticultural lighting and specialty illumination.