Rohm (OTCMKTS:ROHCY) Issues Earnings Results

Rohm (OTCMKTS:ROHCY) posted its quarterly earnings data on Tuesday. The technology company reported $0.40 earnings per share for the quarter, Zacks reports. Rohm had a negative return on equity of 1.07% and a negative net margin of 7.27%.

Rohm Stock Down 5.9%

Shares of Rohm stock traded down $1.49 on Tuesday, reaching $23.60. The company’s stock had a trading volume of 5,273 shares, compared to its average volume of 3,257. The company has a market capitalization of $9.11 billion, a price-to-earnings ratio of -37.46 and a beta of 1.10. The firm’s fifty day simple moving average is $21.48 and its two-hundred day simple moving average is $17.33. Rohm has a 52 week low of $9.33 and a 52 week high of $25.39. The company has a quick ratio of 2.30, a current ratio of 3.34 and a debt-to-equity ratio of 0.32.

Analysts Set New Price Targets

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