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

Key Points

• ams-OSRAM AG shares gapped down from a previous close of $7.00 to an opening price of $6.57 prior to trading on Thursday, with a trading volume of 657 shares.
• The company's latest earnings report showed an earnings per share (EPS) of $0.11, exceeding expectations of $0.06, despite a negative net margin of 4.51%.
• ams-OSRAM has a current ratio of 1.07 and a debt-to-equity ratio of 1.83, indicating potential financial stability concerns amid its market cap of $1.27 billion.

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $7.00, but opened at $6.57. ams-OSRAM shares last traded at $6.57, with a volume of 657 shares traded.

ams-OSRAM Trading Down 0.2%

The stock has a 50 day simple moving average of $6.06 and a 200-day simple moving average of $4.98. 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 firm has a market capitalization of $1.27 billion, a P/E ratio of -8.94 and a beta of 0.86.

ams-OSRAM (OTCMKTS:AMSSY - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.11 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.11. The firm had revenue of $879.34 million during the quarter, compared to analysts' expectations of $781.98 million. ams-OSRAM had a negative net margin of 3.27% and a positive return on equity of 3.12%. On average, equities research analysts forecast 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.