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

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY)’s share price fell 9.2% during mid-day trading on Thursday. The company traded as low as $13.68 and last traded at $13.68. Approximately 225 shares traded 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 firm has a market capitalization of $2.56 billion, a price-to-earnings ratio of -6.70 and a beta of 1.75. The company’s 50 day moving average is $11.77 and its 200 day moving average is $10.49. The company has a quick ratio of 0.90, a current ratio of 1.31 and a debt-to-equity ratio of 3.10.

ams-OSRAM (OTCMKTS:AMSSY) last issued its quarterly earnings data on Tuesday, August 4th. The company reported ($0.33) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.26). The business had revenue of $935.84 million during the quarter, compared to analyst estimates of $931.43 million. ams-OSRAM had a negative return on equity of 7.58% and a negative net margin of 9.74%. On average, equities research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.07 earnings per share 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.