Rohm (OTCMKTS:ROHCY) Shares Gap Up – What’s Next?

Rohm Co. (OTCMKTS:ROHCY – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $26.02, but opened at $28.25. Rohm shares last traded at $28.25, with a volume of 999 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research raised Rohm to a “hold” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Rohm currently has an average rating of “Hold”.

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Read Our Latest Analysis on Rohm

Rohm Trading Up 5.6%

The firm has a market cap of $10.91 billion, a P/E ratio of -10.70 and a beta of 1.10. The stock has a 50 day simple moving average of $22.49 and a 200-day simple moving average of $17.85. The company has a current ratio of 3.34, a quick ratio of 2.30 and a debt-to-equity ratio of 0.32.

Rohm (OTCMKTS:ROHCY – Get Free Report) last posted its earnings results on Tuesday, May 12th. The technology company reported $0.40 EPS for the quarter. Rohm had a positive return on equity of 3.39% and a negative net margin of 31.42%.The firm had revenue of $711.55 million during the quarter, compared to the consensus estimate of $704.12 million. On average, equities research analysts expect that Rohm Co. will post 0.64 EPS for the current fiscal year.

Rohm Company Profile

(Get Free Report)

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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