ams-OSRAM (OTCMKTS:AMSSY) Sees Strong Trading Volume – Here’s Why

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) saw an uptick in trading volume on Wednesday. 30,055 shares changed hands during trading, an increase of 370% from the previous session’s volume of 6,400 shares. The stock last traded at $11.48 and had previously closed at $11.97.

ams-OSRAM Stock Down 4.1%

The company has a debt-to-equity ratio of 3.10, a current ratio of 1.31 and a quick ratio of 0.90. The stock has a market capitalization of $2.29 billion, a P/E ratio of -6.01 and a beta of 1.75. The stock’s fifty day moving average is $11.83 and its two-hundred day moving average is $10.62.

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

ams-OSRAM Company Profile

ams-OSRAM AG is a global provider of optical solutions, combining semiconductor technologies with illumination and sensing products. The company develops and manufactures light-emitting diodes, laser emitters, optical sensors, detectors, and related components used in automotive, industrial, medical, consumer, and other specialized applications.

Its products support functions such as vehicle lighting and displays, environmental and biometric sensing, machine vision, horticultural lighting, professional illumination, and imaging.