Rohm (OTCMKTS:ROHCY – Get Free Report) posted its quarterly earnings results on Tuesday. The technology company reported $0.40 earnings per share for the quarter, Zacks reports. The company had revenue of $711.55 million for the quarter, compared to analysts’ expectations of $704.12 million. Rohm had a positive return on equity of 3.39% and a negative net margin of 31.42%.
Rohm Stock Performance
Shares of ROHCY remained flat at $23.58 during mid-day trading on Thursday. The stock had a trading volume of 52 shares, compared to its average volume of 1,351. The business has a fifty day moving average of $21.69 and a 200-day moving average of $17.44. Rohm has a 1-year low of $9.33 and a 1-year high of $25.39. The stock has a market capitalization of $9.10 billion, a price-to-earnings ratio of -8.93 and a beta of 1.10. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.34 and a quick ratio of 2.30.
Wall Street Analysts Forecast Growth
Separately, Zacks Research raised shares of Rohm to a “hold” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock has a consensus rating of “Hold”.
About Rohm
Rohm Co, Ltd., trading in the U.S. as OTCMKTS:ROHCY, is a Japanese semiconductor manufacturer headquartered in Kyoto, Japan. Established in 1958, the company specializes in the design, development and manufacture of a wide range of electronic components. Its product portfolio encompasses analog and mixed-signal integrated circuits, power management devices, discrete semiconductors, optoelectronics and a variety of passive components including chip resistors and capacitors.
Rohm’s semiconductor offerings serve applications across automotive, industrial, computing, communications and consumer electronics markets.
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