ams-OSRAM (OTCMKTS:AMSSY) Shares Down 6.2% – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) traded down 6.2% during mid-day trading on Thursday. The stock traded as low as $12.40 and last traded at $12.77. Approximately 3,000 shares traded hands during trading, a decline of 53% from the average session volume of 6,441 shares. The stock had previously closed at $13.62.

ams-OSRAM Price Performance

The firm has a market capitalization of $2.62 billion, a PE ratio of -6.86 and a beta of 1.75. The stock’s 50 day simple moving average is $11.17 and its two-hundred day simple moving average is $10.09. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.90 and a current ratio of 1.31.

ams-OSRAM (OTCMKTS:AMSSY) last posted its quarterly earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.26). ams-OSRAM had a negative net margin of 9.74% and a negative return on equity of 7.58%. The company had revenue of $935.84 million during the quarter, compared to analysts’ expectations of $931.43 million. On average, sell-side analysts forecast 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, 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.