Rohm (OTCMKTS:ROHCY) Issues Earnings Results, Misses Expectations By $0.16 EPS

Rohm (OTCMKTS:ROHCY) issued its quarterly earnings data on Thursday. The technology company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.16), Zacks reports. Rohm had a negative net margin of 29.85% and a positive return on equity of 4.39%.

Rohm Stock Down 15.9%

Shares of ROHCY stock traded down $3.47 during mid-day trading on Thursday, hitting $18.39. 3,468 shares of the stock traded hands, compared to its average volume of 4,462. The stock has a market cap of $7.10 billion, a P/E ratio of 37.05 and a beta of 1.48. The stock’s fifty day moving average is $28.46 and its two-hundred day moving average is $25.94. Rohm has a 52-week low of $12.62 and a 52-week high of $36.52. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.17 and a quick ratio of 3.12.

About Rohm

ROHM Co, Ltd. is a Japan-based semiconductor and electronic components manufacturer headquartered in Kyoto. The company develops and produces integrated circuits, discrete semiconductors and electronic components used in automotive, industrial equipment, consumer electronics, telecommunications and other applications.

Its product portfolio includes power management and analog ICs, microcontrollers, LEDs, diodes, transistors, resistors, sensors and timing devices. ROHM also focuses on power semiconductors made with silicon carbide (SiC) and other advanced materials, which are designed to support greater energy efficiency in electric vehicles, charging systems, renewable-energy equipment and industrial power supplies.

Founded in 1958 as Toyo Denpa Kogyo Co, Ltd., the company adopted the name ROHM Co, Ltd.