ROHM (OTCMKTS:ROHCY) Reaches New 1-Year Low – What’s Next?

ROHM Co., Ltd. (OTCMKTS:ROHCY) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $7.49 and last traded at $8.20, with a volume of 54466 shares trading hands. The stock had previously closed at $7.58.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Macquarie upgraded shares of ROHM from a “strong sell” rating to a “hold” rating in a research note on Monday, March 17th. The Goldman Sachs Group cut shares of ROHM from a “strong-buy” rating to a “hold” rating in a report on Monday, March 31st.

ROHM Trading Up 8.2 %

The company has a quick ratio of 1.79, a current ratio of 2.73 and a debt-to-equity ratio of 0.32. The firm’s fifty day simple moving average is $9.87 and its two-hundred day simple moving average is $10.00.

ROHM (OTCMKTS:ROHCY) last announced its quarterly earnings data on Monday, February 3rd. The technology company reported ($0.03) EPS for the quarter.

ROHM Company Profile

ROHM Co, Ltd. manufactures and sells electronic components worldwide. The company operates through three segments: LSI, Semiconductor Devices, and Modules. It provides ICs comprising memory, amplifiers and linear, power management, motor/actuator drivers, resistors, clocks and timers, switches and multiplexers, logic, data converters, sensors and MEMS, display drivers, interfaces, wireless LSIs, audio and video products, speech synthesis LSI, and microcontrollers.