ams-OSRAM (OTCMKTS:AMSSY) Shares Down 5.2% – Here’s Why

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s stock price dropped 5.2% during mid-day trading on Tuesday . The company traded as low as $14.31 and last traded at $14.31. Approximately 3,159 shares changed hands during trading, an increase of 30% from the average daily volume of 2,426 shares. The stock had previously closed at $15.10.

Analysts Set New Price Targets

Several analysts recently weighed in on AMSSY shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. Zacks Research raised ams-OSRAM from a “strong sell” rating to a “hold” rating in a report on Wednesday, February 11th. Finally, Jefferies Financial Group raised ams-OSRAM from a “hold” rating to a “buy” rating in a report on Sunday, May 10th. 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 stock. According to MarketBeat, ams-OSRAM has a consensus rating of “Hold”.

ams-OSRAM Stock Performance

The stock has a market cap of $2.59 billion, a P/E ratio of -10.88 and a beta of 1.52. The company has a current ratio of 1.47, a quick ratio of 1.11 and a debt-to-equity ratio of 2.64. The stock has a 50 day simple moving average of $8.26 and a 200 day simple moving average of $6.25.

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.