Shares of Rohm Co. (OTCMKTS:ROHCY – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $23.87, but opened at $27.93. Rohm shares last traded at $27.0650, with a volume of 3,742 shares trading hands.
Analyst Upgrades and Downgrades
ROHCY has been the subject of a number of recent research reports. The Goldman Sachs Group raised shares of Rohm to a “buy” rating in a report on Monday, June 8th. Zacks Research upgraded Rohm to a “hold” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Analysis on ROHCY
Rohm Price Performance
Rohm (OTCMKTS:ROHCY – Get Free Report) last posted its quarterly earnings results on Tuesday, May 12th. The technology company reported $0.40 EPS for the quarter. The company had revenue of $711.55 million during the quarter, compared to analysts’ expectations of $704.12 million. Rohm had a positive return on equity of 3.55% and a negative net margin of 31.42%. Equities research analysts predict that Rohm Co. will post 0.81 earnings per share for the current 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.
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