Rohm (OTCMKTS:ROHCY) Trading Up 14.2% – Still a Buy?

Shares of Rohm Co. (OTCMKTS:ROHCY) were up 14.2% on Tuesday . The stock traded as high as $32.27 and last traded at $32.27. Approximately 453 shares were traded during trading, a decline of 86% from the average daily volume of 3,311 shares. The stock had previously closed at $28.25.

Wall Street Analysts Forecast Growth

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

Rohm Stock Performance

The company has a debt-to-equity ratio of 0.32, a current ratio of 3.34 and a quick ratio of 2.30. The firm has a fifty day simple moving average of $22.93 and a 200 day simple moving average of $18.12. The company has a market capitalization of $12.59 billion, a price-to-earnings ratio of -12.35 and a beta of 1.10.

Rohm (OTCMKTS:ROHCY) last issued its quarterly earnings data on Tuesday, May 12th. The technology company reported $0.40 EPS for the quarter. Rohm had a positive return on equity of 3.39% and a negative net margin of 31.42%.The company had revenue of $711.55 million for the quarter, compared to analyst estimates of $704.12 million. On average, analysts anticipate that Rohm Co. will post 0.64 earnings per share 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.