Rohm Co. (OTCMKTS:ROHCY – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $32.50, but opened at $30.79. Rohm shares last traded at $30.79, with a volume of 142 shares changing hands.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group upgraded shares of Rohm to a “buy” rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Rohm has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Report on Rohm
Rohm Price Performance
Rohm (OTCMKTS:ROHCY – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The technology company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). Rohm had a positive return on equity of 4.23% and a negative net margin of 29.85%.The company had revenue of $851.76 million for the quarter, compared to analyst estimates of $813.37 million. As a group, 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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