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

Key Points

• ams-OSRAM AG shares gapped down to $5.95 on Wednesday, declining from a previous close of $6.37, marking a drop of 6.7%.
• The company reported a quarterly revenue of $879.34 million, exceeding consensus estimates of $781.98 million, and achieved earnings per share (EPS) of $0.11.
• ams-OSRAM has a market capitalization of $1.19 billion and significant debt with a debt-to-equity ratio of 1.83.

Shares of ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $6.37, but opened at $5.95. ams-OSRAM shares last traded at $5.95, with a volume of 275 shares trading hands.

ams-OSRAM Trading Down 6.7%

The company has a debt-to-equity ratio of 1.83, a current ratio of 1.07 and a quick ratio of 0.65. The business's 50-day moving average is $6.71 and its 200 day moving average is $5.38. The firm has a market capitalization of $1.19 billion, a P/E ratio of -8.37 and a beta of 0.86.

ams-OSRAM (OTCMKTS:AMSSY - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. ams-OSRAM had a positive return on equity of 3.12% and a negative net margin of 3.27%.The business had revenue of $879.34 million for the quarter, compared to the consensus estimate of $781.98 million. As a group, analysts anticipate that ams-OSRAM AG Unsponsored ADR will post 0.67 EPS for the current fiscal year.

ams-OSRAM Company Profile

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.

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