ams-OSRAM (OTCMKTS:AMSSY) Shares Down 3.8% - Here's Why

Key Points

• ams-OSRAM AG shares dropped by 3.8% to $7.17 during mid-day trading, with trading volume increasing significantly to 900 shares from an average of 368 shares.
• Analysts maintain a "cautious" outlook with an average rating of "Sell," indicating potential concerns surrounding the company's performance.
• The company reported $879.34 million in revenue for the last quarter, exceeding analyst expectations, and met EPS estimates at $0.11.

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY - Get Free Report) was down 3.8% during mid-day trading on Thursday . The stock traded as low as $7.00 and last traded at $7.17. Approximately 900 shares traded hands during mid-day trading, an increase of 145% from the average daily volume of 368 shares. The stock had previously closed at $7.45.

Analyst Ratings Changes

Separately, Barclays reaffirmed a "cautious" rating on shares of ams-OSRAM in a research note on Tuesday, September 16th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock presently has an average rating of "Sell".

ams-OSRAM Trading Down 3.8%

The stock has a market capitalization of $1.43 billion, a P/E ratio of -10.09 and a beta of 1.05. The company has a current ratio of 1.07, a quick ratio of 0.65 and a debt-to-equity ratio of 1.83. The stock's fifty day moving average price is $6.54 and its two-hundred day moving average price is $5.61.

ams-OSRAM (OTCMKTS:AMSSY - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.11 EPS for the quarter, meeting analysts' consensus estimates of $0.11. ams-OSRAM had a negative net margin of 3.27% and a positive return on equity of 3.12%. The company had revenue of $879.34 million during the quarter, compared to analyst estimates of $781.98 million. Equities research analysts forecast that ams-OSRAM AG Unsponsored ADR will post 0.67 EPS for the current year.

About ams-OSRAM

ams-OSRAM AG designs, manufactures, and sells LED and optical sensor solutions in Europe, the Middle East, Africa, the Americas, and Asia/Pacific. The company operates in Semiconductors and Lamps & Systems segments. The Semiconductors segment offers semiconductor-based products and solutions, such as high-performance LEDs, lasers, and optical sensors for automotive, consumer, and industrial and medical technology end markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.