Rohm Co. (OTCMKTS:ROHCY – Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $31.8640, but opened at $28.00. Rohm shares last traded at $28.00, with a volume of 157 shares traded.
Wall Street Analyst Weigh In
A number of research analysts have recently weighed in on the company. The Goldman Sachs Group raised Rohm to a “buy” rating in a research report on Monday, June 8th. Zacks Research upgraded shares of Rohm to a “hold” rating in a research note on Wednesday, April 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.
View Our Latest Stock Report on Rohm
Rohm Price Performance
Rohm (OTCMKTS:ROHCY – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The technology company reported $0.40 EPS for the quarter. The business had revenue of $711.55 million for the quarter, compared to the consensus estimate of $704.12 million. Rohm had a positive return on equity of 3.55% and a negative net margin of 31.42%. Equities analysts anticipate that Rohm Co. will post 0.81 earnings per share for the current fiscal year.
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.
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