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

Rohm Co. (OTCMKTS:ROHCY)’s share price gapped down prior to trading 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 changing hands.

Rohm Trading Down 1.1%

The firm has a market cap of $8.51 billion, a PE ratio of -33.47 and a beta of 1.14. The company has a debt-to-equity ratio of 0.32, a current ratio of 3.34 and a quick ratio of 2.30. The business has a 50-day moving average price of $16.91 and a two-hundred day moving average price of $15.27.

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

About Rohm

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.