ams-OSRAM AG (OTCMKTS:AMSSY) Sees Large Decline in Short Interest

ams-OSRAM AG (OTCMKTS:AMSSY) was the target of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 17,200 shares, a drop of 8.0% from the March 31st total of 18,700 shares. Based on an average daily trading volume, of 68,000 shares, the days-to-cover ratio is currently 0.3 days.

ams-OSRAM Stock Performance

Shares of AMSSY stock opened at $0.58 on Tuesday. The company’s fifty day moving average price is $0.68 and its 200-day moving average price is $1.24. The stock has a market cap of $1.15 billion, a PE ratio of -0.18 and a beta of 1.41. The company has a current ratio of 1.07, a quick ratio of 0.78 and a debt-to-equity ratio of 1.12. ams-OSRAM has a 12 month low of $0.45 and a 12 month high of $4.53.

ams-OSRAM (OTCMKTS:AMSSY) last issued its quarterly earnings results on Friday, February 9th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.03). The business had revenue of $977.73 million for the quarter. ams-OSRAM had a negative net margin of 45.15% and a positive return on equity of 2.85%. On average, equities analysts expect that ams-OSRAM will post 0.01 EPS for the current fiscal 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.