Rohm (OTCMKTS:ROHCY) Shares Gap Down – Should You Sell?

Rohm Co. (OTCMKTS:ROHCY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $22.19, but opened at $21.06. Rohm shares last traded at $21.38, with a volume of 1,720 shares.

Rohm Price Performance

The company has a debt-to-equity ratio of 0.32, a quick ratio of 2.30 and a current ratio of 3.34. The company has a fifty day moving average price of $16.63 and a two-hundred day moving average price of $15.18. The company has a market cap of $8.61 billion, a P/E ratio of -33.86 and a beta of 1.13.

Rohm (OTCMKTS:ROHCY) last released its earnings results on Wednesday, February 4th. The technology company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $813.36 million for the quarter. Rohm had a negative return on equity of 1.07% and a negative net margin of 7.27%.

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.