Rohm (OTCMKTS:ROHCY) Issues Earnings Results

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

Rohm Stock Performance

OTCMKTS:ROHCY opened at $23.58 on Wednesday. Rohm has a fifty-two week low of $9.33 and a fifty-two week high of $25.39. The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.30 and a current ratio of 3.34. The company has a 50 day moving average price of $21.58 and a 200 day moving average price of $17.39. The stock has a market capitalization of $9.10 billion, a P/E ratio of -37.43 and a beta of 1.10.

Analyst Ratings Changes

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