Shares of Rohm Co. (OTCMKTS:ROHCY – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $29.38, but opened at $31.86. Rohm shares last traded at $31.86, with a volume of 310 shares.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of Rohm to a “buy” rating in a report on Monday, June 8th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.
Check Out Our Latest Analysis on Rohm
Rohm Stock Performance
Rohm (OTCMKTS:ROHCY – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). The firm had revenue of $851.76 million during the quarter, compared to the consensus estimate of $813.37 million. Rohm had a negative net margin of 29.85% and a positive return on equity of 4.23%. On average, equities analysts expect that Rohm Co. will post 0.81 earnings per share for the current year.
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.
Further Reading
- Five stocks we like better than Rohm
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
- AirJoule Technologies: Short Squeeze Setup Amid Rising Risks
- MarketBeat Week in Review – 08/10 – 08/14
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
Receive News & Ratings for Rohm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rohm and related companies with MarketBeat.com's FREE daily email newsletter.
