Rohm (OTCMKTS:ROHCY) Sets New 52-Week High – Should You Buy?

Rohm Co. (OTCMKTS:ROHCYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $34.30 and last traded at $34.30, with a volume of 3143 shares changing hands. The stock had previously closed at $34.30.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Rohm to a “hold” rating in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

View Our Latest Analysis on ROHCY

Rohm Trading Down 6.7%

The company’s fifty day moving average price is $24.89 and its two-hundred day moving average price is $19.17. The company has a current ratio of 3.34, a quick ratio of 2.30 and a debt-to-equity ratio of 0.32. The firm has a market cap of $12.36 billion, a P/E ratio of -12.12 and a beta of 1.30.

Rohm (OTCMKTS:ROHCYGet Free Report) last posted its earnings results on Tuesday, May 12th. The technology company reported $0.40 earnings per share for the quarter. Rohm had a negative net margin of 31.42% and a positive return on equity of 3.39%. The business had revenue of $711.55 million for the quarter, compared to analyst estimates of $704.12 million. As a group, sell-side analysts predict that Rohm Co. will post 0.64 EPS for the current fiscal year.

About Rohm

(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.

Further Reading

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