Rohm (OTCMKTS:ROHCY) Announces Quarterly Earnings Results

Rohm (OTCMKTS:ROHCY) released its quarterly earnings results on Thursday. The technology company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.16), Zacks reports. Rohm had a positive return on equity of 4.39% and a negative net margin of 29.85%.

Rohm Price Performance

Rohm stock traded down $3.47 during midday trading on Thursday, reaching $18.39. 3,468 shares of the company were exchanged, compared to its average volume of 4,462. The company has a market capitalization of $7.10 billion, a price-to-earnings ratio of 37.05 and a beta of 1.48. The firm’s 50-day simple moving average is $28.46 and its 200-day simple moving average is $25.94. Rohm has a 1 year low of $12.62 and a 1 year high of $36.52. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.12 and a current ratio of 4.17.

Rohm Company Profile

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

Its product portfolio includes power management and analog ICs, microcontrollers, LEDs, diodes, transistors, resistors, sensors and timing devices. ROHM also focuses on power semiconductors made with silicon carbide (SiC) and other advanced materials, which are designed to support greater energy efficiency in electric vehicles, charging systems, renewable-energy equipment and industrial power supplies.

Founded in 1958 as Toyo Denpa Kogyo Co, Ltd., the company adopted the name ROHM Co, Ltd.