Rohm (OTCMKTS:ROHCY) Trading Down 13.3% – Time to Sell?

Rohm Co. (OTCMKTS:ROHCY)’s share price traded down 13.3% on Tuesday . The company traded as low as $24.5950 and last traded at $24.5950. 938 shares were traded during trading, a decline of 77% from the average daily volume of 3,993 shares. The stock had previously closed at $28.36.

Analyst Upgrades and Downgrades

Several analysts have commented on ROHCY shares. Zacks Research raised shares of Rohm to a “hold” rating in a research report on Wednesday, April 8th. The Goldman Sachs Group upgraded shares of Rohm to a “buy” rating in a research note on Monday, June 8th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Rohm Stock Down 8.0%

The company has a market capitalization of $9.77 billion, a price-to-earnings ratio of -9.58 and a beta of 1.30. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.77 and a current ratio of 3.79. The business’s 50 day moving average is $31.50 and its 200 day moving average is $23.89.

Rohm (OTCMKTS:ROHCY) last posted its quarterly earnings data on Tuesday, May 12th. The technology company reported $0.40 EPS for the quarter. The business had revenue of $711.55 million during the quarter, compared to the consensus estimate of $704.12 million. Rohm had a negative net margin of 31.42% and a positive return on equity of 3.55%. Sell-side analysts anticipate 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.