Rohm Co. (OTCMKTS:ROHCY) Short Interest Update

Rohm Co. (OTCMKTS:ROHCY) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 8,503 shares, an increase of 55.6% from the July 15th total of 5,465 shares. Based on an average daily trading volume, of 15,075 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company’s shares are short sold.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Rohm to a “buy” rating in a report on Monday, June 8th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Rohm Stock Up 2.0%

OTCMKTS ROHCY opened at $32.50 on Tuesday. The stock has a market cap of $12.55 billion, a PE ratio of -12.65 and a beta of 1.32. The business has a 50 day moving average price of $30.91 and a two-hundred day moving average price of $25.26. The company has a quick ratio of 2.77, a current ratio of 3.79 and a debt-to-equity ratio of 0.40. Rohm has a fifty-two week low of $12.62 and a fifty-two week high of $36.52.

Rohm (OTCMKTS:ROHCY) last released its quarterly earnings results on Wednesday, August 5th. The technology company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). The firm had revenue of $851.76 million for the quarter, compared to analyst estimates of $813.37 million. Rohm had a negative net margin of 29.85% and a positive return on equity of 4.23%. As a group, sell-side analysts predict that Rohm will post 0.81 EPS for the current fiscal 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.