Rohm (OTCMKTS:ROHCY) Stock Price Down 11.1% – Time to Sell?

Rohm Co. (OTCMKTS:ROHCY – Get Free Report)’s stock price was down 11.1% on Monday. The company traded as low as $30.11 and last traded at $30.11. 573 shares were traded during mid-day trading, a decline of 84% from the average session volume of 3,662 shares. The stock had previously closed at $33.8662.

Rohm Price Performance

The company has a current ratio of 4.17, a quick ratio of 3.12 and a debt-to-equity ratio of 0.39. The firm has a market cap of $11.18 billion, a P/E ratio of -11.27 and a beta of 1.36. The company has a fifty day moving average price of $30.70 and a two-hundred day moving average price of $28.82.

Rohm (OTCMKTS:ROHCY – Get Free Report) last announced its earnings results on Wednesday, August 5th. The technology company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.02). The business had revenue of $851.76 million for the quarter, compared to analyst estimates of $813.37 million. Rohm had a positive return on equity of 4.39% and a negative net margin of 29.85%. Equities analysts anticipate that Rohm Co. will post 0.72 earnings per share for the current year.

About Rohm

(Get Free Report)

ROHM Co, Ltd. is a Japan-based semiconductor and electronic components manufacturer headquartered in Kyoto. The company develops and produces integrated circuits, discrete semiconductors, power devices, modules, sensors, and other components used in automotive, industrial, consumer electronics, and communications applications.

ROHM’s product portfolio includes analog and power-management ICs, microcontrollers, memory products, LEDs, laser diodes, resistors, diodes, transistors, and silicon carbide (SiC) power semiconductors.

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