Osram Licht (OTCMKTS:OSAGF) Hits New 12-Month Low – Should You Sell?

Shares of Osram Licht AG (OTCMKTS:OSAGF) hit a new 52-week low on Tuesday. The stock traded as low as $59.94 and last traded at $59.94, with a volume of 158 shares trading hands. The stock had previously closed at $59.94.

Osram Licht Stock Performance

The stock has a market cap of $59.85 billion, a price-to-earnings ratio of -15.69 and a beta of 0.17. 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’s 50-day moving average is $62.23 and its 200-day moving average is $61.88.

Osram Licht (OTCMKTS:OSAGF) last issued its quarterly earnings results on Tuesday, August 4th. The company reported ($0.65) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.84). Osram Licht had a negative return on equity of 7.58% and a negative net margin of 9.77%.The business had revenue of $935.84 million during the quarter, compared to analyst estimates of $1.22 billion.

Osram Licht Company Profile

Osram Licht AG was a German lighting technology company headquartered in Munich. The company developed and manufactured lighting products and systems for consumer, automotive, and professional applications, including lamps, light-emitting diodes (LEDs), optical components, and lighting solutions.

Its products served areas such as general illumination, automotive lighting, specialty lighting, digital systems, and horticultural applications. Osram supplied products to customers in global markets, including Europe, North America, and Asia, through a combination of manufacturing, sales, and distribution operations.

Osram Licht was formed as an independent company following its separation from Siemens in 2013.