ams-OSRAM (OTCMKTS:AMSSY) Trading Down 6.3% - Here's What Happened

Key Points

• Shares fell 6.3% to $7.50 on Friday with about 1,010 shares traded—roughly 13% below average—and the stock had closed at $8.00 prior to the drop.
• Analyst sentiment is muted: Zacks upgraded the stock to a Hold while Deutsche Bank cut it to Hold, leaving a consensus of three Holds and one Sell and an overall MarketBeat average rating of "Reduce".
• Operationally the company beat quarterly expectations ($0.20 EPS vs. $0.04 expected and $1.02B revenue vs. $870.8M expected) but still shows a negative net margin (-3.76%), a negative trailing P/E (-10.56), and analysts forecast -0.35 EPS for the current fiscal year.

ams-OSRAM AG Unsponsored ADR (OTCMKTS:AMSSY - Get Free Report) was down 6.3% during trading on Friday . The company traded as low as $7.50 and last traded at $7.50. Approximately 1,010 shares changed hands during mid-day trading, a decline of 13% from the average daily volume of 1,155 shares. The stock had previously closed at $8.00.

Wall Street Analyst Weigh In

A number of research analysts have commented on AMSSY shares. Zacks Research raised shares of ams-OSRAM from a "strong sell" rating to a "hold" rating in a research report on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft cut shares of ams-OSRAM to a "hold" rating in a research report on Wednesday, February 11th. Three analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce".

ams-OSRAM Price Performance

The stock's 50-day simple moving average is $5.65 and its 200 day simple moving average is $5.67. The company has a quick ratio of 1.11, a current ratio of 1.47 and a debt-to-equity ratio of 2.64. The company has a market cap of $1.50 billion, a price-to-earnings ratio of -10.56 and a beta of 1.06.

ams-OSRAM (OTCMKTS:AMSSY - Get Free Report) last posted its earnings results on Tuesday, February 10th. The company reported $0.20 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.16. The company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $870.83 million. ams-OSRAM had a negative net margin of 3.76% and a positive return on equity of 6.11%. On average, equities research analysts anticipate that ams-OSRAM AG Unsponsored ADR will post -0.35 EPS for the current fiscal year.

About ams-OSRAM

ams-OSRAM AG is a global technology company specializing in optical solutions, combining the sensor expertise of ams with the lighting heritage of OSRAM. The company develops and manufactures a broad range of high-performance products, including light-emitting diodes (LEDs), laser diode and infrared (IR) emitters, optical sensors, and sensor interfaces. These components are used across a variety of applications to enable advanced illumination, sensing, and imaging capabilities.

The company's product portfolio serves diverse end markets such as consumer electronics, automotive, industrial, and medical.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.