ams-OSRAM (OTCMKTS:AMSSY) Stock Falls 9.2% – Here’s What Happened

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY) traded down 9.2% on Thursday. The company traded as low as $13.68 and last traded at $13.68. Approximately 225 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 6,380 shares. The stock had previously closed at $15.07.

ams-OSRAM Price Performance

The company has a current ratio of 1.31, a quick ratio of 0.90 and a debt-to-equity ratio of 3.10. The business’s 50-day simple moving average is $11.64 and its two-hundred day simple moving average is $10.42. The firm has a market cap of $2.72 billion, a price-to-earnings ratio of -7.14 and a beta of 1.75.

ams-OSRAM (OTCMKTS:AMSSY) last issued its earnings results on Tuesday, August 4th. The company reported ($0.33) earnings per share (EPS) for the quarter, missing the consensus estimate 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 company had revenue of $935.84 million for the quarter, compared to the consensus estimate of $931.43 million. As a group, research analysts expect 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 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.