Rohm (OTCMKTS:ROHCY) Sees Large Volume Increase – Here’s What Happened
by Doug Wharley · The Cerbat GemRohm Co. (OTCMKTS:ROHCY – Get Free Report) saw unusually-high trading volume on Tuesday . Approximately 5,243 shares changed hands during mid-day trading, an increase of 61% from the previous session’s volume of 3,257 shares.The stock last traded at $23.60 and had previously closed at $25.09.
Analysts Set New Price Targets
Separately, Zacks Research upgraded shares of Rohm to a “hold” rating in a report on Wednesday, April 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold”.
Check Out Our Latest Stock Analysis on Rohm
Rohm Stock Down 5.9%
The company has a quick ratio of 2.30, a current ratio of 3.34 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $9.11 billion, a price-to-earnings ratio of -37.46 and a beta of 1.10. The stock has a 50 day moving average of $21.48 and a 200 day moving average of $17.33.
Rohm (OTCMKTS:ROHCY – Get Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The technology company reported $0.40 earnings per share (EPS) for the quarter. Rohm had a negative return on equity of 1.07% and a negative net margin of 7.27%. As a group, analysts expect that Rohm Co. will post 0.24 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.