ams-OSRAM (OTCMKTS:AMSSY) Shares Gap Down – Should You Sell?

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) gapped down before the market opened on Wednesday . The stock had previously closed at $11.26, but opened at $10.47. ams-OSRAM shares last traded at $10.47, with a volume of 501 shares trading hands.

Analyst Upgrades and Downgrades

AMSSY has been the subject of a number of analyst reports. Jefferies Financial Group upgraded shares of ams-OSRAM from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of ams-OSRAM in a report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

ams-OSRAM Stock Down 2.2%

The firm has a 50-day moving average price of $11.02 and a two-hundred day moving average price of $9.17. The company has a market capitalization of $2.09 billion, a P/E ratio of -5.48 and a beta of 1.75. The company has a quick ratio of 1.02, a current ratio of 1.40 and a debt-to-equity ratio of 2.79.

ams-OSRAM (OTCMKTS:AMSSY) last announced its 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 return on equity of 7.17% and a negative net margin of 9.74%.The company had revenue of $935.84 million for the quarter, compared to the consensus estimate of $931.43 million. Equities research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 EPS for the current fiscal year.

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.