Rohm (OTCMKTS:ROHCY – Get Free Report) released its quarterly earnings data on Wednesday. The technology company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02), Zacks reports. Rohm had a negative net margin of 31.42% and a positive return on equity of 3.55%.
Rohm Stock Up 14.5%
OTCMKTS:ROHCY traded up $3.96 on Wednesday, hitting $31.32. The stock had a trading volume of 832 shares, compared to its average volume of 4,024. Rohm has a 1 year low of $12.62 and a 1 year high of $36.52. The firm’s fifty day simple moving average is $31.26 and its two-hundred day simple moving average is $24.36. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.77 and a current ratio of 3.79. The stock has a market cap of $12.09 billion, a P/E ratio of -11.86 and a beta of 1.32.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. Zacks Research upgraded shares of Rohm to a “hold” rating in a report on Wednesday, April 8th. The Goldman Sachs Group raised Rohm to a “buy” rating in a research note on Monday, June 8th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Rohm has an average rating of “Moderate Buy”.
Rohm Company Profile
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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